Sam invested Rs. 12000 @ 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? Choose the correct choice:
A) 13230.0
B) 12300.02
C) 16537.5
D) 15000.0
E) 16537.11
P = Rs. 12000 ; R = 10% p.a. = 5% per half-year; T = 1 year   = 2 half-year   13230.0mount = [12000 * (1 + 5/100)2]   = (12000 * 21/20 * 21/20)   = Rs.13230.00   13230.0nswer:13230.0
<result>A</result>
Sam invested Rs. 12000 @ 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?