Question

What time period is taken when interest is calculated half yearly

Answer 1

Time period is taken when interest is calculated half yearly  is twice as much as the number of given years.

Step-by-step explanation:

To find : What time period is taken when interest is calculated half yearly ?

Solution :

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.

For example : If time is 6 months

Then half yearly is $6\times 2=12$ months.

#Learn more

What time period is taken when interest is  calculated half yearly?

(A) Twice as much as the number of given years

(B) Half as much as the number of given years

(C) Same as the number of given years

(D) None of the above

https://brainly.in/question/13282095

Answer 2

Answer:

$\red { Time \: period } \green { 2}$

Step-by-step explanation:

$As \: interest \: is \: compounded\:half \:yearly \\, there \: are \: two \: conversation \: periods \:in \\a \: year \: each \: after \: 6 \: months .$

$In \: such \: a \:case, \: the \: interest \: will \:be \\ half \: of \: the \: annual \: rate \: and \: the \\ number\: of \: times \: that \: interest \: is \\compounded \: is \: twice \: the \: number \: of \\years .$

Therefore.,

$\red { Time \: period } \green { 2}$

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