Question

if the rate of interest is 25% per annum then the rate of interest semi manually is

Answer 1

Answer:

Step-by-stIf two interest rates have the same ... To find the effective rate (f) or a nominal rate (j) compounded m times per year, we can ... then enter the number of compounding periods per year, and press ENTER ... 7.25% compounded semi-annualy....

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