1.

The formula to find compound amount is -------- if the interest is compounded half yearly​

Answer»

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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' 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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