Question

1
What is the difference between the compound interest on 50000 for 15 years at 4% per annum compounded
2
yearly and half yearly ?​

Answer 1

Answer:

5000 for 1 1/2 years at 4% per annum compounded yearly and half-yearly? = Rs. 5304. ... The difference between the compound interest (compounding annually) and simple interest on a sum at the rate of 12% per annum for 2 years is Rs 360