what is the difference between the c . i . on rs . 5000 for 1 1 / 2 years at 4 % per annum compounded yearly and half - yearly ?
"c . i . when interest is compounded yearly = [ 5000 * ( 1 + 4 / 100 ) * ( 1 + ( 1 / 2 * 4 ) / 100 ] = 5000 * 26 / 25 * 51 / 50 = rs . 5304 c . i . when interest is compounded half - yearly = [ 5000 * ( 1 + 2 / 100 ) 2 ] = ( 5000 * 51 / 50 * 51 / 50 * 51 / 50 ) = rs . 5306.04 difference = ( 5306.04 - 5304 ) = rs . 2.04 . answer : a"
subtract(multiply(5000, multiply(multiply(add(1, divide(2, const_100)), add(1, divide(2, const_100))), add(1, divide(2, const_100)))), multiply(5000, multiply(add(1, divide(2, const_100)), add(1, divide(4, const_100)))))