Question

what time is taken when inverse is calculated half year
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Answer 1

Answer:

There are 2 conversion period in a year in terms of interest for half yearly, So, two is multiplied by the time period when we have to calculate interest in half yearly. Therefore, time period is taken when interest is calculated half yearly is twice as much as the number of given years. Then half yearly is months

Answer 2

Answer:

There are 2 conversion period in a year in terms of interest for half yearly, So, two is multiplied by the time period when we have to calculate interest in half yearly. Therefore, time period is taken when interest is calculated half yearly is twice as much as the number of given years. Then half yearly is months.