What is the difference between the compound interests on Rs. 5000 for 1 years at 4% per annum compounded yearly and half-yearly?  Choose the most appropriate option:	A) Rs. 2.04	B) Rs. 3.06	C) Rs. 4.80	D) Rs. 6.30	E) Rs. 8.30
As per formula it should be,   C.I. when interest = 5304-5000= 
<gadget id="calculator">5304-5000</gadget>
<output>304</output>
304   compounded yearly   C.I. when interest is= 5306.04-5000= 
<gadget id="calculator">5306.04-5000</gadget>
<output>306.04</output>
306.04   compounded half-yearly   Difference= Rs. (306.04 - 304) = Rs. 2.04   answer :Rs. 2.04
<result>A</result>
What is the difference between the compound interests on Rs. 5000 for 1 years at 4% per annum compounded yearly and half-yearly?