Mathematics, 10.01.2021 18:20, kfull6027

A person deposited Rs 60000 in a bank for 2 years at the rate of 10%pa compounded annually. But after one year, bank has changed the policy and decided to pay semi-annual compound interest at the same rate. What is the percentage difference between compound interest of first year and second year?

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A person deposited Rs 60000 in a bank for 2 years at the rate of 10%pa compounded annually. But afte...