Question

For calculation of interest compounded half-yearly, keeping the principal same, which one of the following is true?



Double the given annual rate and half the given number of years

Double the given annual rate as well as the given number of years

Half the given annual rate as well as the given number of years

Half the given annual rate and double the given number of years

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Answer 1

Answer:

the last option is correct

Step-by-step explanation:

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