Answer this question plssss
.
.
.
.
.
.
.
.
.
.
1.What is the formula for finding amount compounded annually?
2. What is the formula for finding amount half yearly?
(NO SPAMMING OR ELSE GET REPORTED)
Answers
Answered by
1
Answer:
1.P (1+ i/n)n
2.If interest is compounded half yearly, rate of interest = R / 2 and A = P [ 1 + ( {R / 2} / 100 ) ]T, where 'T' is the time period. For example, if we have to calculate the interest for 1 year, then T =2. For 2 years, T = 4.
Thank you :)
Similar questions
English,
3 months ago
World Languages,
3 months ago
Math,
3 months ago
Science,
6 months ago
Math,
11 months ago