What is the difference between compound interest on 5000 for 1 and half years at 4% per annum according as the interest is compounded yearly and half-yearly and quarter yearly?
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C.I. when interest
compounded yearly = Rs.5000 x1 +4x1 + x 4100100= Rs.5000 x26x512550= Rs. 5304.
C.I. when interest is
compounded half-yearly= Rs.5000 x1 +23100= Rs.5000 x51x51x51505050= Rs. 5306.04
 Difference = Rs. (5306.04 - 5304) = Rs. 2.04
compounded yearly = Rs.5000 x1 +4x1 + x 4100100= Rs.5000 x26x512550= Rs. 5304.
C.I. when interest is
compounded half-yearly= Rs.5000 x1 +23100= Rs.5000 x51x51x51505050= Rs. 5306.04
 Difference = Rs. (5306.04 - 5304) = Rs. 2.04
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Answer:
hi there here is your answer
Explanation:
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