Compute the compound interest on Rs. 16000 for 2 years 10% per annum when compounded half yearly.

Compute the compound interest on Rs. 16000 for 2 years 10% per annum

1.	Compute the compound interest on Rs. 16000 for 2 years 10% per annum when compounded half yearly.
A.	18600
B.	17640
C.	18640
D.	17600
Answer» C. 18640

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Compute the compound interest on Rs. 16000 for 2 years 10% per annum when compounded half yearly.

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