Tom invested Rs. 15000 @ 8% per annum for two years. If the interest is compounded half-yearly, then the amount received by Tom at the end of the year will be? Options:
A) 17,546.75  B) 17,547.40  C) 17,547.88  D) 17,548.32  E) 17,548.80
P = Rs. 15000; R = 8% p.a. = 4% per half-year; T = 2 years = 4 half-year   Amount = [15000 * (1 + 4/100)4]   = (15000 * (1.04)4) = Rs. 17547.88   Answer: 17,547.88
<result>C</result>
Tom invested Rs. 15000 @ 8% per annum for two years. If the interest is compounded half-yearly, then the amount received by Tom at the end of the year will be?