Question

A sum taken for 1/2 years at 8% per annum is compounded half yearly ​

Answer 1

Answer:

We know that when the interest is compounded half-yearly then the given time period is doubled and the rate of interest is halved i.e., the time is multiplied by 2 and the interest is divided by 2.  

Here we are given  

The rate of interest, R =3/2= 8% p.a.

Time period, n = 1 years =  years

Since the interest has to be compounded half-yearly .

Therefore,

Rate of interest, R =  = 4% per half-year

And,

Time period, n = 2 *3/2  = 3 half-years

PLZ MARK AS BRIANLIEST AND THX FOR THE SUPERB QUESTION

Answer 2

Answer:

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