Out of the four options, only one is correct. Write the correct answer.
For calculation of interest compounded half yearly, keeping the principal same, which one of the following is true.
If interest is compounded half–yearly, then
and T = 2T = 2n
Now, the amount will be
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∴ C = A – P
So, half the given annual rate and double the given number of years.
Hence, option (d) is correct.
Couldn't generate an explanation.
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