Question

Q.8. If the interest is compounded half yearly , then to find the amount we_____

given time.

(a) Half (b) Double (c) Triple (d) No change​

Answer 1

Answer:

(b)Double

Step-by-step explanation:

If interest is compounded half-yearly, we compute the interest two times. So the time period becomes twice and rate is taken half.

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Answer 2

If interest is compounded half-yearly, we compute the interest two times. So the time period becomes twice and rate is taken half.