What is the Compound Interest on Rs.6500 at 5.5% p.a. compounded half-yearly for 1 year.	Choose the correct choice from the following
A) 369.42 B) 762.42 C) 162.42 D) 362.42 E) 333.42
Compound interest : A = P(1 + r/n)nt   A = 6,862.42   C.I. &gt;&gt; 6,862.42 - 6500 &gt;&gt; Rs. 362.42   Answer:362.42
<result>D</result>
What is the Compound Interest on Rs.6500 at 5.5% p.a. compounded half-yearly for 1 year.