Question

Explain the following concept with numerical example :

-When interest is compounded half-yearly.

-When some part of the loan is returned.

-Different rates.

-Difference between CI and SI.

-Amounts of two successive years given.

-CI of two successive years given.

-SI and CI given.​

Answer 1

Step-by-step explanation:

when intrest is compounded half year

A=P[1+(r\2\100)]2n

where rate=r\2%

time=2n

Answer 2

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