railway RRB Group D Mock Test Series 2024-25 Quantitative Aptitude Interest Compound Interest

What is the difference between the compound interest on Rs. 5,750 for one year at 16% per annum compounded yearly and compounded half-yearly?

1
Rs. 49.76
2
Rs. 36.80
3
Rs. 29.50
4
Rs. 32.58
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