Question

write formula to find compound it interest is compounded half-yearly​

Answer 1

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,

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Answer 2

Step-by-step explanation:

if interest is compounded half yearly,rate of interest=R/2 and A=P(1+({R/2}/100)T, where'T' in the time period

For example,if we have to calculate the interest for year , then T=2,for 2 years,T=4

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