rileysndr5054 rileysndr5054
  • 06-03-2024
  • Mathematics
contestada

The effective rate of interest on an amount Rs. 25,000 deposited in a bank for one year at a rate of 6% per annum compounded semi-annually is .
a) Rs. 1500
b) Rs. 1625
c) Rs. 1560
d) Rs. 1600

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