What is the difference between compound interest on 5,000 for 11at 4 – McqOptions

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1.	What is the difference between compound interest on 5,000 for 11at 4% per annum2according as the interest is compounded yearly or halfyearly?
A.	2.04
B.	3.06
C.	8.30
D.	4.80
Answer» C. 8.30

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