A) Rs. 19448
B) Rs. 717423
C) Rs. 19880
D) Rs. 18973
Correct Answer: A
Solution :
\[A=P{{\left[ 1+\frac{R}{100} \right]}^{T}}=16000{{\left[ 1+\frac{10}{2\times 100} \right]}^{4}}\] \[\left[ R=\frac{10}{2}=5%,T=2\times 2=4\,\,half/yr \right]\]\[=16000{{\left( \frac{21}{20} \right)}^{4}}\] \[=16000\times \frac{21}{20}\times \frac{21}{20}\times \frac{21}{20}\times \frac{21}{20}=\]Rs.19448.1
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