A sum of ₹12000 will amount to ₹x at 12% p.a after 2 years, when the interest is compounded 8-monthly. The value of x is (nearest to an integer)

A sum of ₹12000 will amount to ₹x at 12% p.a after 2 years, when t

1.	A sum of ₹12000 will amount to ₹x at 12% p.a after 2 years, when the interest is compounded 8-monthly. The value of x is (nearest to an integer)
A.	15111
B.	15083
C.	15117
D.	15053
Answer» D. 15053

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A sum of ₹12000 will amount to ₹x at 12% p.a after 2 years, when the interest is compounded 8-monthly. The value of x is (nearest to an integer)

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