Sam invested Rs. 3000 @ 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?	Options
A) 2554.0 B) 3387.0 C) 2503.0 D) 3307.5 E) 16537.11
P = Rs. 3000 ; R = 10% p.a. = 5% per half-year; T = 1 year   = 2 half-year   Amount = [3000 * (1 + 5/100)2]   = (3000 * 21/20 * 21/20)   = Rs.3307.50   Answer:3307.5
<result>D</result>
Sam invested Rs. 3000 @ 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?