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1. Mr. Zahir bought a 1-year BDT 10,000 certificate of deposit that paid interest at an annual rate of 8 percent compounded semiannually. What was the total amount of interest paid on this certificate at maturity?

  • A. 10,464
  • B. 10,464
  • C. 10,464
  • D. 10,464

Answer: Option D

Explanation:


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