Question

a sum taken for 2 years at 4% per annum compounded half yearly

Answer 1

❤Hey mate❤

Step-by-step explanation:

if we r given to find half yearly therefore time would be double n rate would be half i.e time = 2*2 i.e 4 n rate = 4/2 i.e is 2

❤Hope this will helpful for you❤

Answer 2

Time period=4 half years and rate of interest =2% half yearly

Step-by-step explanation:

Let sum=P

Time,t=2 years

Rate of interest=r=4%

When compound interest is half yearly

Then, time period,n=$2t$ half years

Where t= Time (in years)

Time period,n=$2\times 2$

Time period,n=4[/tex]half years

Rate of interest, r'=$\frac{r}{2}$

Where r=Rate of interest annually

Substitute the values then we get

Rate of interest=r'$=\frac{4}{2}=2$

Rate of interest=2% Half yearly

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