Analyzing the good returns that Halocircle Insurance Pvt Ltd was giving, Ratika bought a 1-year, Rs 10,000 certificate of deposit that paid interest at an annual rate of 8% compounded semi-annually.What was the total amount of interest paid on this certificate at maturity?
A.1000
B.988
c.500
d.816
Answers
Answered by
39
Answer:
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Step-by-step explanation:
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Answered by
2
Answer:
d
Step-by-step explanation:
interest = A-p
so A=10816
p=10000
816
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