Compound Interest Mcqs

Q.  Hafeez invested Rs. 15000 @ 10% per annum for one year. If the interest is compounded half-yearly, then the amount received by Hafeez at the end of the year will be?

a. Rs. 16,500
b. Rs. 16,525.50
c. Rs. 16,537.50
d. Rs. 18,150


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