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Aptitude | Compound Interest | Question 2
Ram deposits Rs.2000 each on 1st January and 1st July of a year at the rate of 8% compound interest calculated on half-yearly basis. At the end of the year how much amount he would have?
(A)
Rs.2150.50
(B)
Rs.3182.40
(C)
4243.20
(D)
280.40
Answer
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