The time periods (n) and rate (R) for a sum of money at 8% per annum compound interest for 1 year 6 months compounded half-yearly are
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With Simple interest, the interest is calculated on the same amount of money in ... Let the principal = P, Rate = R% per annum (p.a) and Time = T years. ... Rate Compounded Annually or Half Yearly (Semi Annually).
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