search
Q: A sum of `x amounts to `12,777.60 in 2 years at 15% p.a., when the interest is compounded eight-monthly. The value of x is____.
  • A. `10200
  • B. `10400
  • C. `9800
  • D. `9600
Correct Answer: Option D -
answer image

Explanations:

explanation image