simple interest is half yearly then what is rate?
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Compound Interest Calculation from simple Interest where Interest is compounded half yearly. If the rate of interest is R% per annum and the interest is compounded half-yearly, then the rate of interest will be R/2% per half year.
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Compound Interest Calculation from simple Interest where Interest is compounded half yearly. If the rate of interest is R% per annum and the interest is compounded half-yearly, then the rate of interest will be R/2% per half year.
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