Question

2. What time period is taken when interest is
calculated half yearly?
(A) Twice as much as the number of given years
(B) Half as much as the number of given years
(C) Same as the number of given years
(D) None of the above
12
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Answer 1

Answer:

Step-by-step explanation:

" (a) twice as much as the number of given years."

EXPLANATION :-

when time = 6 MONTHS

and when calculated quarterly, time = 6×2 = 12 month = 1 year.

since, there are 2 conversion period in a year in terms of interest for half yearly,

thus, two is multiplied by the time period when we have to calculate interest in half yearly.

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Answer 2

Answer:

This is Correct Answer