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what is the formula for compound interest compounded half yearly?

Asked by aulakhjiwan12 | 18 Feb, 2018, 08:43: AM

Expert Answer

$begin mathsize 16px style straight A equals straight P open parentheses 1 plus straight r over 200 close parentheses to the power of 2 straight n end exponent end style$

A=amt

P=principal

r = rate

n = year

Answered by Arun | 18 Feb, 2018, 10:29: AM

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