Given below are two statements 

Statement I: Rs. 10000 will become Rs. 13310 at 20% per annum, compounded half-yearly in 1.5 years.

Statement II: A 800m long train is running at the speed of 78 km/h. If it crosses a tunnel in 1 minute, the length of the tunnel is 1300m. 

In light of the above statements, choose the correct answer from the options given below

1
Both Statement I and Statement II are true 
2
Both Statement I and Statement II are false 
3
Statement I is true but Statement II is false 
4
Statement I is false but Statement II is true 

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