Question 954435
Compound sum = {{{P(1+(r/n))^nt}}}
Where-->
.

 p= premium 
 r= rate in %
 n= time division (n=1 means yearly, n=2 means half yearly,      n=4 means quarterly......) 
t= time period

.

Putting all values-- 

compound sum= {{{1430(1+(8/(4(100))))^20}}}


.
.
Compound sum = 2124.9042
.
And compound interest = 694.9042
.
Ans.....