Question

What is the formula of compound interest semi anually

Answer 1

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✖️ what is the formula of compound interest semi annually✖️

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The formula of compound interest semi annually is.

A = P(1+R/2)^2n
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100

A = P(1+i)

P= initial principle of the sum of money.

R= interest rate in percentage

N= time period in years

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Answer 2

Answer:

The formula of compound interest semi annually is.

A = P(1+R/2)^2n

A = P(1+i)