Question

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



(R+2)%

(R-2)%

(R×2)%

(R÷2)%

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Answer 1

Answer:

When the interest is compounded half-yearly then, rate = (R÷2)%

Answer 2

Answer:

R/2 where 'R' is the annual rate of interes