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A principal amount of ₹8,000 is invested at an annual interest rate of 5% compounded half-yearly. What will be the compound interest earned after 4 years? [Use (1.025)8 = 1.2184]

A₹1,757.60

B₹1,747.20

C₹1,175.20

D₹1,475.60

Answer:

B. ₹1,747.20

Read Explanation:

₹1,747.20


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