In compound interest, when the interest is compounded half-yearly, the principal changes every

every month

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quarterly

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six months

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every year

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Rachna borrows Rs.12,000 at 10 per cent per annum interest compounded half-yearly. She repays Rs. 4,000 at the end of every six months. Calculate the third payment she has to make at the end of 18 months in order to clear the entire loan.

Q. In compound interest, when the interest is compounded quarterly, then the principal changes after every three months.

In compound interest, when the interest is compounded half-yearly, the principal changes every __________.

Q. State true or false:
In compound interest, when the interest is compounded quarterly, then the principal changes after every three months.

Q. If principal is compounded half-yearly, then the interest is calculated every ____ .

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