Question

What is the annual interest rate for 25%, compounded half yearly?

Answer 1

Answer:

P $( 1 + \frac{r}{100} )^{2}$

Step-by-step explanation:

Given ,

Rate of interest = 25%

Principal = P

Time , n = 2

Therefore ,

Amount = P $( 1 + \frac{r}{100} )^{2}$

Answer 2

Answer:

will be the answer of this question

56.25%