Question

If the interest is compounded half yearly then the rate of interest per annum is
a) reduced to one third b) reduced to half c) doubled d) kept as it is.

Answer 1

Answer:

sorry iska answer nahi ata

Answer 2

Answer:

Reduce to half

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.