Rs.16000 are invested at 10% p.a. compounded semi-annually amounts to – McqOptions

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1.	Rs.16000 are invested at 10% p.a. compounded semi-annually amounts to Rs. 18522. Then the period of investment is
A.	1.5 years
B.	3 years
C.	2 years
D.	\[\frac{5}{2}\] years
Answer» B. 3 years

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