Q: `4,000 is given at 5% per annum for one year and interest is compounded half yearly. `2,000 is given at 40% per annum compounded quarterly for 1 year. The total interest received is nearest to:
A.
`1,333.30
B.
`1,130.70
C.
`1,888.80
D.
`1,444.40
Correct Answer:
Option B -
Explanations:
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