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. 864
• C. Tk. 816
• D. Tk. 800

Answer: Option C

Explanation: