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Q:

Compute the compound interest on ₹ 8,400 for one and half years at 12% rate of interest per annum, compounded half yearly.

  • 1
    ₹ 3,276.40
  • 2
    ₹ 2,948.60
  • 3
    ₹ 3401.30
  • 4
    ₹ 1,604.50
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Answer : 4. "₹ 1,604.50"

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