Sam invested Rs. 15000 @ 10% per annum for one year. If the interest is compounded half-yearly, then the amount received by Sam at the end of the year will be? Select.
A) Rs. 16,500 B) Rs. 16,525.50 C) Rs. 16,537.50 D) Rs. 18,150 E) Rs. 19,150
P = Rs. 15000; R = 10% p.a. = 5% per half-year; T = 1 year = 2 half-year   Amount = [15000 * (1 + 5/100)2]   = (15000 * 21/20 * 21/20) = Rs. 16537.50   ANSWER:Rs. 16,537.50
<result>C</result>
Sam invested Rs. 15000 @ 10% per annum for one year. If the interest is compounded half-yearly, then the amount received by Sam at the end of the year will be?