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Q:

Mr. Sathya invested money in FD. How much will he get on maturity, if Rs. 14,500 is invested at 20 % per annum compound interest for 6 months, compounded quarterly

  • 1
    Rs.15, 986
  • 2
    Rs.15, 986.5
  • 3
    Rs.15, 986.25
  • 4
    Rs.15,986.35
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Answer : 3. "Rs.15, 986.25"

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