Q. 325.0( 1 Vote )

Fill in the blanks to make the statements true.

When principal P is compounded semi-annually at r% per annum for t years, then Amount = _________.

Answer :

When principal P is compounded semi-annually at r% per annum for t years

i.e. Rate = and time = 2 × t


Then, amount = Principal


i.e. A = P


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