find the difference in the compound interest of Rs 5000 given half yearly and yearly for 1 year and 3 months at the rate of 8% per annum

To find the difference in the compound interest when the interest is compounded half-yearly and yearly for 1 year and 3 months at a rate of 8% per annum, we can follow these steps:

### Given:
- Principal (\( P \)) = Rs. 5000
- Rate of interest (\( r \)) = 8% per annum
- Time = 1 year 3 months (which is \( 1 + \frac{3}{

Learn how to find the difference in compound interest when interest is compounded half-yearly and yearly for Rs. 5000 at 8% per annum over 1 year and 3 months. This problem covers compound interest concepts, including the compound interest formula. Suitable for students in Grades 9-12.

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