Give stream of consciousness and then the final answer. How much more would Rs.60000 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) 725\n(C) 992\n(D) 1446\n(E) 923
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60000(11/10)4 - 60000(6/5)2 = 1446
The final answer: (D).
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