Arithmeticeasy · Past Paper
If interest is compounded semi-annually, the number of periods (n) for T years is:
AT
BT/2
C2T
D4T
✓ Correct Answer: C — 2T
There are two half-year periods in one year, so for T years, n = 2T.
Share this question
More from Arithmetic
- Simple interest on Rs 500 for 4 years at 5% is the same as simple interest on Rs 400 for 5 years at what rate?
- If 40% of a number is equal to two-third of another number, what is the ratio of first number to the second number?
- What is the third proportional to 16 and 4?
- Successive discounts of 10% and 20% are equivalent to a single discount of?
- The ratio of two numbers is 3:4. If the LCM is 180, find the numbers.