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#29582 Bangla Language & Literature Interest Rate Level 0

How much interest will Tk.2000 earn at an annul rate of 8% in one year if the interest is compounded every six months?

  1. A Tk.160
  2. B Tk.163.20
  3. C Tk.249.73
  4. D Tk.332.80
Answer: B - Tk.163.20

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