Question

the time period and rate for a sum taken at 8% per annum for 1 year compounded half yearly are ​

Answer 1

Answer:

time period =2×

2

3

=3 years

Rate of interest =

2

8

=4%.

Answer 2

Answer:

A sum taken for 1.5 years at 8% per annum is compounded half yearly

Step-by-step explanation:

Time Period : 3years

Rate of interest: 4%

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