Hafeez invested Rs. 15000 @ 10% per annum for one year. If the intere – McqOptions

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1.	Hafeez invested Rs. 15000 @ 10% per annum for one year. If the interest is compounded half-yearly, then the amount received by Hafeez at the end of the year will be?
A.	Rs. 16,500
B.	Rs. 16,525.50
C.	Rs. 16,537.50
D.	Rs. 18,150
Answer» D. Rs. 18,150

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