English, asked by aakashkishor077, 4 months ago

7) The rate of interest become hall when interest is compounded ?​

Answers

Answered by sanjeevnishu914
0

Answer:

If compunding period is not annual, rate of interest is divided in accordance with the compounding period. For example, if interest is compounded half yearly, then rate of interest would be R/2, where 'R' is the annual rate of interest.

Explanation:

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