Correct Answer: Option B
Amount = {1600(1+5/2×100)2 } + {1600(1+5/2×100)}
= {1600(1+0.025)2} + {1600(1+0.025)}
= (1600 × 1.050625) + (1600 × 1.025)
= 1681+1640
= 3321
Therefore, Compound Interest= Tk. (3321-3200) = Tk. 121
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