If the interest is compounded half yearly, then the
time period becomes.
Answers
Answered by
2
Step-by-step explanation:
We can also have interest rates compounded half-yearly or quarterly. If interest is compounded half-yearly, we compute the interest two times. So the time period becomes twice and rate is taken half.
Answered by
1
Step-by-step explanation:
compute the interest two time you'll found the answer
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