Question

what is the formula to find CI semi annual​

Answer 1

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Calculating simple interest

Change the interest rate to a decimal. Divide 5% by 100 to get . ...

Fill in the formula. P*i*n = 5,000(. 05)(5

Solve the first part of the formula. 250(5)

Solve the remaining equation. 250(5)=1250.

Answer 2

Answer:

CI = A - P = P{(1 + r2100)2n - 1} is the relation among the four quantities P, r, n and CI. Given any three of these, the fourth can be found from this formula. Word problems on compound interest when interest is compounded .

Step-by-step explanation:

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