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1. Laboni bought a 1-year Tk.10,000 certificate of deposit that paid interest at an annual rate of 8 percent compounded semiannually. What was the total amount of an interest paid on this certificate at maturity?
- A. Tk. 10,464
- B. Tk. 10,464
- C. Tk. 10,464
- D. Tk. 10,464
Answer: Option C
Explanation:
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