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Sam invested Rs. 15,000 @ 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. | Rs. 16,500 [Wrong Answer] |
B. | Rs. 16,525.50 [Wrong Answer] |
C. | Rs. 16,537.50 [Correct Answer] |
D. | Rs. 18,150 [Wrong Answer] |