If the interest is compounded half-yearly, find the Compound Interest on the sum of Rs. 18500 at the rate of 40% per annum for 18 months.

If the interest is compounded half-yearly, find the Compound Interest

1.	If the interest is compounded half-yearly, find the Compound Interest on the sum of Rs. 18500 at the rate of 40% per annum for 18 months.
A.	Rs. 15469
B.	Rs. 13468
C.	Rs. 16000
D.	Rs. 16280
Answer» C. Rs. 16000

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If the interest is compounded half-yearly, find the Compound Interest on the sum of Rs. 18500 at the rate of 40% per annum for 18 months.

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