what is the difference between the ci on rs . 5000 for 1 years at 4 % per annum ci yearly and half yearly ?
c . i . when interest compounded yearly = rs . 5000 x 1 + 4 x 1 + x 4 100 100 = rs . 5000 x 26 x 51 25 50 = rs . 5304 . c . i . when interest is compounded half - yearly = rs . 5000 x 1 + 2 3 100 = rs . 5000 x 51 x 51 x 51 50 50 50 = rs . 5306.04 difference = rs . ( 5306.04 - 5304 ) = rs . 2.04 a
subtract(subtract(multiply(5000, power(add(1, divide(divide(4, const_2), const_100)), const_2)), 5000), divide(multiply(5000, 4), const_100))