engineering recuitment DRDO CEPTAM STA B Tier I (Sr. Technical Assistant) Mock Test 2022 Quantitative Aptitude Interest Compound Interest
What is the difference between compound interest on Rs. 5000 for \(1 \frac{1}{2}\) years at 4% per annum the interest is compounded yearly and half-yearly?
1
Rs. 2.04
2
Rs. 3.06
3
Rs. 8.30
4
Rs. 4.80