Question

if interest is compounded half yearly,then time period ​

Answer 1

Answer:

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.

Step-by-step explanation:

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Answer 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 one year, then T = 2 for two years, T = 4.