A bank pays 6.9% annual compound interest, compounded half-yearly. A customer deposits ₹9,688 on 1 January and ₹9,688 on 1 July of a year. At the end of the year, how much will he receive as interest? (Round your answer to the nearest paise.)

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Option (B): ₹1,014.24

A bank pays 6.9% annual compound interest, compounded half-yearly. A customer deposits ₹9,688 on 1 January and ₹9,688 on 1 July of a year. At the end of the year, how much will he receive as interest? (Round your answer to the nearest paise.)

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