SOLVED: Problem 2: An interest rate of 8% compounded semi-annually
![SOLVED: Problem 2: An interest rate of 8% compounded semi-annually](https://cdn.numerade.com/ask_previews/40657a33-0608-4d22-a0f6-d0f4d7d9ec54_large.jpg)
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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Problem Set 1: Compound Interest Problems
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grade 11A. Complete the table by computing for the following equivalent interest rate.Given interest rate.
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Solution: How much will a deposit of P1,500 be in 15 years?
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Compound interest formula and examples - MathBootCamps
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Calculate compound interest in Excel: formula and calculator
Solved 1. Accumulate P 5,000 for 10 years at 8% compounded
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Find the compound interest on Rs 18360 for 1 year and 6 months at the
Solved $6400 is invested at 8% annual rate. (See Example 4.
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Compounding Interest, Formula, Types & Examples - Lesson