If Rs. 2,000 is invested at the rate of 20% per annum, compounded half yearly, then find the amount after 18 months.

If Rs. 2,000 is invested at the rate of 20% per annum, compounded hal

1.	If Rs. 2,000 is invested at the rate of 20% per annum, compounded half yearly, then find the amount after 18 months.
A.	Rs. 2,662
B.	Rs. 3,200
C.	Rs. 2,628
D.	Rs. 2,600
Answer» B. Rs. 3,200

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If Rs. 2,000 is invested at the rate of 20% per annum, compounded half yearly, then find the amount after 18 months.

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