If the rate of interest is 10% per annum and is compounded half-yearly – McqOptions

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1.	If the rate of interest is 10% per annum and is compounded half-yearly, then the principal of rs 400 in 3/2 yr will amount to
A.	rs 463.00
B.	rs 463.20
C.	rs 463.05
D.	rs463.15
Answer» D. rs463.15

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