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1. An amount of TK. 10,000 becomes TK. 20,736 in 2 years. If the rate of interest is compounded half yearly , what is the annual rate of interest?
- A. 25%
- B. 25%
- C. 25%
- D. 25%
Answer: Option C
Explanation:
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1. An amount of TK. 10,000 becomes TK. 20,736 in 2 years. If the rate of interest is compounded half yearly , what is the annual rate of interest?
Answer: Option C
Explanation:
Post your comments here: