A person deposited rs80000 in bank p for 2 years at the rate of 10%p. a 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 the first year and second year?

5%Step-by-step explanation:The amount is compounded annually for the first year, which means it compounds 10% every year. However, when the bank changes the policy, "semi annual compound" means it's going to compound every six months. Which is just half of the original, it's just divided by 2.

Sorry if I was wrong tho

207/8 is the right

hello i am doing good for you that it's summer in your country or state ; )

btw in my country we just have sun and rain as (because i live in the caribbean lol)

also, thx a lot for the points : )