Mathematics · Compound Interest

What is the difference between the compound interests on Rs. 28,000 for 1 year at 6% per annum compounded yearly and half-yearly? (in Rs.)

Verified Solution4 OptionsUpdated: October 2026👁️1 View

119.2
221.3
325.2✓
423.2

Correct answer

25.2

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What is the difference between the compound interests on Rs. 28,000 for 1 year at 6% per annum compounded yearly and half-yearly? (in Rs.)

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What is the difference between the compound interests on Rs. 28,000 for 1 year at 6% per annum compounded yearly and half-yearly? (in Rs.)

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