If 'P' is the amount invested at 5% p.a. compounded half yearly for 2 years. what would be the amount received at the end of 2 years?

If 'P' is the amount invested at 5% p.a. compounded half yearly for 2

1.	If 'P' is the amount invested at 5% p.a. compounded half yearly for 2 years. what would be the amount received at the end of 2 years?
A.	P(1.025)4
B.	P(1.1)
C.	P(1.05)2
D.	P(1.025)2
Answer» B. P(1.1)

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If 'P' is the amount invested at 5% p.a. compounded half yearly for 2 years. what would be the amount received at the end of 2 years?

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