What is the compound interest received on Rs 20000 invested for 1 year at the rate of 6% per annum compounded half yearly?
Rs 1218
Rs 1312
Rs 1405
Rs 1560
Vasudevan invested Rs. 60000 at an interest rate of 12% per annum compounded half-yearly. What amount would he get
(i) after 6 months?
(ii) after 1 year?