So, New principal rol UC8,400x1x5100= 420[Interest for the second quarter =Hence,Compound Interest = *(8,820 – 8,000)820as one year.Worksheet 221.Compute the compound interest on 5,000 forcompounded half-yearly.2.compounded quarterly.3.him on maturity.5.annum for six months compounded half-yearly and quarterly respectively. Whichoption is better?Bela borrowed 25,000 from a finance company to start her boutique at 20%per annum compounded half-yearly. What amount of money will clear her debtafter 1- years?1288So, Amount at the end of second quarter = * (8,400 + 420) = * 8,820Note: When conversion period is not mentioned in the given problem, it is takenyears at 16% per annumFind the compound interest on 15,625 at 16% per annum for nine months wheninterest at 12% per annum reckoned quarterly, find the amount to be received byRohit deposited 10,000 in a bank for six months. If the bank pays compoundFind the difference between the compound interest on * 25,000 at 16% per​