VIDEO ANSWER: the given part of this question is interest rate equal to 8 percentage semi -annual interest rate 8 percentage equal to 0 .08 and then semi -annual interest rate equal to 0 .08 divided 2 equal to 0 .04 and then 1 plus 0 .04 equal to 1
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Compund Interest
SOLVED: Find the nominal rate of interest compounded annually equivalent to 8% compounded quarterly.
Solved Find the interest rates in the following situations.
Compounding Semi Annually
Solution: How much will a deposit of P1,500 be in 15 years?
find the amount and CI on 100000 compounded semi-annually for 1 1/2 years at the rate of 8% p.a.
Solved] Use these images to answer the following question. Refer to the
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