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:

You have learned about the simple interest and formula for calculating simple interest and amount. Now, we shall discuss the concept of compound interest and the method of calculating the compound interest and the amount at the end of a certain specified period. We shall also study the population growth and depreciation of the value of movable and immovable assets.

Answer 2

Answer:

same answer

Step-by-step explanation:

same answer