1.

For calculation of interest compounded half yearly, keeping the principal same, which of the following is the method to calculate final amount.

A.  double the given annual rate and half the given no. of years in the formula.
B.  double the given annual rate as well as the given number of years in the formula.
C.  half the given annual rate as well as the given number of years in the formula.
D.  half the given annual rate and double the given number of years in the formula.
Answer» B.  double the given annual rate as well as the given number of years in the formula.


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