An amount of Rs. 10000 becomes Rs. 14641 in 2 years if the interest is compounded half yearly. What is the rate of compound interest p.c.p.a. ?

An amount of Rs. 10000 becomes Rs. 14641 in 2 years if the interest is

1.	An amount of Rs. 10000 becomes Rs. 14641 in 2 years if the interest is compounded half yearly. What is the rate of compound interest p.c.p.a. ?
A.	0%
B.	2%
C.	6%
D.	0%
E.	one of these
Answer» E. one of these

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An amount of Rs. 10000 becomes Rs. 14641 in 2 years if the interest is compounded half yearly. What is the rate of compound interest p.c.p.a. ?

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