A sum is taken for 2 years at 12% per annum. If the interest is compou – McqOptions

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1.	A sum is taken for 2 years at 12% per annum. If the interest is compounded every 6 months, how many times will the interest be charged in 1 year?
A.	1
B.	3
C.	2
D.	4
Answer» E.

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