Sam invested ₹ 15000@10 % per annum for one year. If the interest is compounded half-yearly, then the amount received by Sam at the end of the year will be?
A. ₹ 16,500
B. ₹ 16,525.50
C. ₹ 16,537.50
D. ₹ 18,150
Answer:C
Sam invested ₹ 15000@10 % per annum for one year. If the interest is compounded half-yearly, then the amount received by Sam at the end of the year will be?
A. ₹ 16,500 B. ₹ 16,525.50 C. ₹ 16,537.50 D. ₹ 18,150