What will be the interest of 1 year 6 months (in an absolute number of – McqOptions

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1.	What will be the interest of 1 year 6 months (in an absolute number of rupees) at 8% annual interest on an amount of ₹ 84,500 (compounded number of rupees) if compounding interest is compounded half-yearly?
A.	₹ 8,457
B.	₹ 10,551
C.	₹ 10,410
D.	₹ 7,030
Answer» C. ₹ 10,410

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