Find the compound interest on Rs. 10,000 in 2 years at 4% per annum, the interest being compounded half-yearly.	Choose the correct choice from the following
A) Rs 824.32
B) Rs 822.32
C) Rs 700
D) Rs 900
E) Rs 624.00
Principal = Rs. 10000; Rate = 2% per half-year; Time = 2 years = 4 half-years.   Amount =   Rs [10000 * (1+(2/100))4] = Rs(10000 * (51/50) * (51/50) * (51/50) * (51/50))   = Rs. 10824.32.   :. C.I. = Rs. (10824.32 - 10000) = Rs. 824.32.   Rs 824.32NSWER Rs 824.32 Rs 824.32
<result>A</result>
Find the compound interest on Rs. 10,000 in 2 years at 4% per annum, the interest being compounded half-yearly.