What is the difference between compound interest on ₹

What is the difference between compound interest on ₹ 5,000 for 1 1 at 4% per annum
2
according as the interest is compounded yearly or halfyearly?

Given in question , Principal = ₹ 5000 , Time = 1.5 years , Rate = 5%
When Interest is compounded yearly ,

Compound Interest = 5000		1 +	4		^1.5	− 5000
			100

Compound Interest = 5000		26		^1.5	− 5000
		25

Compound Interest = 5302.9805 – 5000 = ₹ 302.9805
Again , when compounded half yearly ,

C.I. = 5000		1 +	2		³	− 5000
			100

C.I. = 5306.04 – 5000 = ₹ 306.04
∴ Required difference = ₹ (306.04 – 302.9805) = ₹ 3.059 = ₹ 3.06

What is the difference between compound interest on ₹ 5,000 for 1	1	at 4% per annum
	2