What is the difference between the compound interests on Rs. 5000 for 1 years at 4% per annum compounded yearly and half-yearly?

What is the difference between the compound interests on Rs. 5000 for

1.	What is the difference between the compound interests on Rs. 5000 for 1 years at 4% per annum compounded yearly and half-yearly?
A.	Rs. 2.04
B.	Rs. 3.06
C.	Rs. 4.80
D.	Rs. 8.30
Answer» B. Rs. 3.06

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What is the difference between the compound interests on Rs. 5000 for 1 years at 4% per annum compounded yearly and half-yearly?

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