Question

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



1 )twice the number of given years

2)half the number of given years

3)same as the given number of years

4)none of these​

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.

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