Math, asked by shreshth5, 1 year ago

what is any semi compound interest

Answers

Answered by jainsakashi
1
If interest is compounded yearly, then n = 1; if semi-annually, then n = 2; quarterly, then n = 4; monthly, then n = 12; weekly, then n = 52; daily, then n = 365; and so forth, regardless of the number of years involved. Also, "t" must be expressed in years, because interest rates are expressed that way.
Answered by ReetChauhan1112
0
semi compound interest is the interest of half year, i.e., after every 6 months.
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