Find the compound interest on ₹ 1000 at the rate of 20% per annum for 18 months when interest is compounded half-yearly.
- A. ₹ 331
- B. ₹ 1331
- C. ₹ 320
- D. ₹ 325
The correct answer is option A. 331. Can you explain this answer in the comments?
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