Math, asked by ananya1814, 2 months ago

When the compound interest is compounded half yearly then the rate of interest.

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Answered by rakeshaade380

2

Answer:

If compounding period is not annual, rate of interest is divided in accordance with the compounding period. For example, if interest is compounded half yearly, then rate of interest would be R / 2, where 'R' is the annual rate of interest.07-Feb-2019

Answered by nothing19

7

Answer:

If compounding period is not annual, rate of interest is divided in accordance with the compounding period. For example, if interest is compounded half yearly, then rate of interest would be R / 2, where 'R' is the annual rate of interest

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