search
arrow-left Previous
Next arrow-right
Q: The difference between the compound interest on a sum of `8,000 for 1 year at the rate of 10% per annum, interest compounded yearly and half yearly is:
  • A. `10
  • B. `40
  • C. `20
  • D. `30
Correct Answer: Option C -
answer image

Explanations:

explanation image