Give a quick stream of consciousness before answering the following question. How much more would Rs.20000 fetch, after two years, if it is put at 20% p.a. compound interest payable half yearly than if is put at 20% p.a. compound interest payable yearly?\nOptions:\n(A) 482\n(B) 887\n(C) 299\n(D) 277\n(E) 200
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20000(11/10)4 - 20000(6/5)2 = 482
The answer: (A).
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