If the compound interest rate is 20% per year, compounded half-yearly, – McqOptions

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1.	If the compound interest rate is 20% per year, compounded half-yearly, then what will be the interest of two years on the principal of 1,00,000?
A.	46,410
B.	44,000
C.	21,000
D.	33,100
Answer» B. 44,000

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