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Q: What will be the compound interest (in `) on a sum of `7,200 for 18 months at rate of 20% per annum. If the interest is compounded half-yearly (nearest to an integer)
  • A. 2,338
  • B. 3,238
  • C. 2,833
  • D. 2,383
Correct Answer: Option D -
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Explanations:

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