Question

If the time is given 6 months; decide the relation between C.I. (yearly) and C.I. (half- early). It is either 'is less than' or 'is greater than' or 'is equal to'?

Answer 1

Answer:

23

Step-by-step explanation:

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Answer 2

Answer:

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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.