hey guys im having a problem in solving some questions of compund interest the question is of half-yearly..can anyone tell me its basic concept ?
3 years, 7 months ago
Hi Prerna -
What's your question? Do you mean that the question asks for the amount you have at the end of half a year? If so, then t = .5. Do you mean that interest is compounded every half year, then n = 2.
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yeah that was my question daniel..thnx so much for the answer that i wanted.