Math, asked by hashirpathan3, 3 months ago

What is the formula to find the compound interest if interest is compounded half
yearly?

Answers

Answered by BangtansLifePartner

If interest is compounded half yearly, rate of interest = R / 2 and A = P [ 1 + ( {R / 2} / 100 ) ]T, where 'T' is the time period. For example, if we have to calculate the interest for 1 year, then T = 2.

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What is the formula to find the compound interest if interest is compounded half yearly?

Answers

What is the formula to find the compound interest if interest is compounded half
yearly?