A person invested 4 lakh at interest rate 23% per annum for one year. If the interest is compounded half-yearly, what amount of interest will the person get at the end of that year ?

A person invested 4 lakh at interest rate 23% per annum for one yea

1.	A person invested 4 lakh at interest rate 23% per annum for one year. If the interest is compounded half-yearly, what amount of interest will the person get at the end of that year ?
A.	94290
B.	95290
C.	96290
D.	97290
Answer» E.

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A person invested 4 lakh at interest rate 23% per annum for one year. If the interest is compounded half-yearly, what amount of interest will the person get at the end of that year ?

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