Question

Q1. The time period and rate for a sum taken at 10% p.a. for
$2 \times \frac{1}{2}$
years compounded half
yearly are
(a) n = 5, R = 5%
(b) n = 6, R = 10%
(c) n = 6, R = 5%
(d) n = 3, R = 20%
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Answer 1

Answer:

option b is correct