If interest is compounded half-yearly, what will be the compound interest (in ₹, rounded to the nearest ten) on ₹12,000 at 10% per annum for 1.5 years?

Subject: Mathematics | Topic: Arithmetic | Difficulty: MEDIUM

Options

1. (A) 1,970
2. (B) 1,980
3. (C) 1,870
4. (D) 1,890

Verified Answer

Option (D): 1,890

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