What will be the compound interest (nearest to Rs. 1 on a sum of Rs. 2 – McqOptions

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1.	What will be the compound interest (nearest to Rs. 1 on a sum of Rs. 25,000 for 2 years at 12% p.a., if the interest is compounded 8-monthly?
A.	Rs. 6.349
B.	Rs. 6,493
C.	Rs. 6,394
D.	Rs. 6,439
Answer» C. Rs. 6,394

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