Question

WRITE THE FORMULA OF:

1. COMPOUNDED HALF YEARLY
2. COMPOUNDED QUARTERLY​

Answer 1

Answer:

Half yearly

Amount = Principal X [1 + Rate of Interest/100]Time period.

Quarterly

Compound interest = (amount) - (principal).

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Answer 2

1. When the interest is compounded half yearly:

$A = P(1 + \frac{R}{200})^{2n}$

$CI = P[(1 + \frac{R}{200})^{2n} - 1]$

2. When the interest is compounded Quarterly:

$A = P(1 + \frac{R}{400})^{4n}$

$CI = P[(1 + \frac{R}{400})^{4n} - 1]$

Hope it helps!