Math, asked by gunika007, 9 hours ago

what will be the rate of interest if 7 % p.a is charged for 2 years at half yearly ?

Answers

Answered by nishika1090

0

Answer

Step-by-step explanation:

Effective Rate per Period:

I = 7.1225%

Effective Rate for 2 Periods:

It = 14.7523%

Rate per Compounding Interval:

P = 3.5%

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