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A bank offers 15% compound interest per half year. A customer deposits Rs 8800 each on 1 st January and 1 st July of a year. At the end of the year, the amount he would have gained by way of interest is _____.

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A bank offers 15% compound interest per half year. A customer deposits Rs 8800 each on 1 st January and 1 st July of a year. At the end of the year, the amount he would have gained by way of interest is _____.
1). Rs 8315
2). Rs 2079
3). Rs 4158
4). Rs 1039

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Answered by on | Votes 0 |
I am not sure, may be Rs 4158 is correct

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