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
No explanation is available for this question!