If a person lends Rs.6,000 for 4 years and year at the rate of 4% compounded semiannually then the sum invested is

If a person lends Rs.6,000 for 4 years and year at the rate of 4% com

1.	If a person lends Rs.6,000 for 4 years and year at the rate of 4% compounded semiannually then the sum invested is
A.	7,000
B.	7,500
C.	7,750
D.	8,000
Answer» B. 7,500

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If a person lends Rs.6,000 for 4 years and year at the rate of 4%&nbsp;compounded&nbsp;semiannually then the sum invested is

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If a person lends Rs.6,000 for 4 years and year at the rate of 4% compounded semiannually then the sum invested is