Question

When the interest is compounded half-yearly then, rate =?​

Answer 1

Answer:

When the interest is compounded half-yearly then, Rate = R/2.

Answer 2

Answer:

$\huge \underline \mathfrak \red{Answer}$

Step-by-step explanation:

For 2 years, T = 24. If interest is compounded half yearly, rate of interest = R / 2 and A = P [ 1 + ( {R / 2} / 100 ) ]T, where 'T' is the time period. For example, if we have to calculate the interest for 1 year, then T = 2.