what is formula of compound half yearly?
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CI = A - P = P{(1 + r2100)2n - 1}
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Answer:
the principal = P, rate of interest per unit time = r2%, number of units of time = 2n, the amount = A and the compound interest = CI
Then
A = P(1 + r2100)2n
Here, the rate percent is divided by 2 and the number of years is multiplied by 2
Therefore, CI = A - P = P{(1 + r2100)2n - 1}
Step-by-step explanation:
Note:
A = P(1 + r2100)2n is the relation among the four quantities P, r, n and A.
Given any three of these, the fourth can be found from this formula.
CI = A - P = P{(1 + r2100)2n - 1} is the relation among the four quantities P, r, n and CI.
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