Mathematics · Compound Interest
What is the difference between the compound interest on ₹5,000 compounded yearly and half-yearly for 1 year at 4% per annum?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹3.20
- 2₹19.04
- 3₹2.00✓
- 4₹2.04
Correct answer
₹2.00
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