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Return is approx 52.53

When r% apr is compounded n times in a year, the percentage rate each time is r% ÷ n

⇒ 5% apr compounded every 6 months is 2 times a year and thus 5% ÷ 2 = 2.5% every 6 months.

Giving return on 50 after 1 yr as 1.0252 x 50 ~= 52.53

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Q: What will be the future value after one year of 50 at 5 percent compounded semi-annually?
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