Math, asked by saravanangokul09ss, 3 months ago

Write compound interest formula compounded half yearly.

Answers

Answered by rishitha141
2

Answer:

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. For 2 years, T = 4.

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Answered by HEARTQUEENN
2

Step-by-step explanation:

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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.

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