Question

Q1. The time period and rate for a sum taken at 10% p.a. for 2 years compounded half
yearly are
$2 \times \frac{1}{2}$
​

Answer 1

Answer:

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Answer 2

Answer:

Step-by-step explanation:

Find the time period and rate for each.

2.    A sum taken for 2 years at 4% per annum compounded half yearly.

Write your answer...

Answers (1)

SSayak

Since the sum taken is compounded half yearly:

\\Since\ the\ sum\ taken\ is\ compounded\ half\ yearly:\\ Time\ period=2\times 2\\ Time\ period=4\\ Rate=\frac{4}{2}=2\%

Time period = 4 half years.

Rate = 2% per half year

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