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Earn +20 ptsQ: What does semiannually mean in compound interest?
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How many times will interest be added to the principal in 1 year of the interest is compound semiannually?
2 apex:)))
Find compound interest on Rs800 for 3 years at an interest 8 percent compounded semiannually for three years Find the compound inte?
800 x (1.04)6 ie Rs1012.26
What is semiannually mean?
Semiannually means occurring twice a year, typically at six-month intervals. For example, if an event is scheduled to happen semiannually, it might take place once in January and again in July. This term is often used in contexts such as financial reporting, interest payments, and company meetings.
How much interest will 10000 earn in 18 months if invested at 8 percent compounded semiannually?
1200
What is 20000 in 30 years with 7 percent interest compounded semiannually?
It is 20000*(1.07)^60 = 1158928.54
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