Question

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

a) Twice as much as the No. of given years


b) Half as much the No. of given years


c) Same as the No. of given years


d) None of these.
​

Answer 1

Answer:

Your ans will be:

a) Twice as much as the No. of given years.

Step-by-step explanation:

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.

Hope so it will help you....✌️

STAY GOLD.... STAY HAPPY....⚡