What is the difference between the compound interests on Rs. 5000 for 1 1/2 years at 4% per annum compounded yearly and half-yearly?
A. 5.04
B. 2.04
C. 3.04
D. 4.04
Answer:B
What is the difference between the compound interests on Rs. 5000 for 1 1/2 years at 4% per annum compounded yearly and half-yearly?
A. 5.04 B. 2.04 C. 3.04 D. 4.04