Laboni bought a 1-year, Tk 10,000 certificate of deposit that paid interest at an annual rate of 8 percent compounded semiannually. What was the total amount of interest paid on this certificate at maturity ?

A Tk, 10,464
B Tk, 864
C Tk, 816
D Tk, 800

Correct Answer: Tk, 816

ধরি, প্রশ্নবোধক স্থানে x হবে। ∴ 853 + x ÷  17 = 1000 ⇒ 853 + x17 = 1000 ⇒ x17 = 1000 - 853 ⇒x  =  147 x 17 ∴ x = 2499
Bissoy MCQ
#গণিত #সরল ও যৌগিক মুনাফা  (Simple & Compound interest) #Agrani bank Ltd #Agrani bank Ltd - Senior Officer (Re-exam) - 26.07.2013

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Laboni bought a 1 year, Tk. 10,000 certificate of deposit that paid interest at an annual rate of 8 percent compounded semiannually. What was the total amount of interest paid on his certificate at maturity?
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B Tk. 864
C Tk. 816
D Tk. 800
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