If the simple iterest 6% per year is 6% because how much money is 1040 after five yearsnterest 6 per year then how much amount is 1040 after five years
Answers
Answered by
0
Explanation:
The time period after which the interest is added each time to form a new principal is called the conversion period. When the interest is compounded half yearly, there are 2 conversionperiod in a year each after 6 months. In such situations, the half yearly rate will be half of theannual rate.
Answered by
17
Explanation:
Sach money is 1040 after five years six year per and amount is 1040
Similar questions