What is the Compound Interest on Rs.4500 at 5% p.a. compounded half-yearly for 3 1/2 years.
Choose the correct choice from the following answers:  A) Rs. 859.09  B) Rs. 349.09  C) Rs. 449.09  D) Rs. 749.09  E) Rs. 849.09
Compound interest : A = P(1 + r/n)nt   A = 5,349.09   C.I. &gt;&gt; 5,349.09 - 4500 &gt;&gt; Rs. 849.09   Answer:Rs. 849.09
<result>E</result>
What is the Compound Interest on Rs.4500 at 5% p.a. compounded half-yearly for 3 1/2 years.