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Q:

If the interest is compounded half yearly, then interest on Rs.16000 at 5% per annum, at the end of $$ {{1}{1\over 2}}$$ years is.

  • 1
    $$ {1230}{1\over 4}$$
  • 2
    $$ {1210}{1\over 4}$$
  • 3
    $$ {1215}{1\over 4}$$
  • 4
    $$ {1225}{1\over 4}$$
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Answer : 1. "$$ {1230}{1\over 4}$$"

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