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Half-yearly compounding
A = P(1 + R/200)²ⁿ
Where: A = amount, P = principal (₹), R = rate of interest (% per year), n = time (years)
Solved example
Given: P = 7, R = 5, n = 10
Find: A (amount)
- Formula: A = P·(R/200 + 1)^(2·n)
- Substitute the values: A = 7·(5/200 + 1)^(2·10)
- Result: A = 11.470315
Answer: A = 11.470315
Calculator
How to calculate Half-yearly compounding
- Write down the formula: A = P(1 + R/200)²ⁿ.
- Note the known values (P, R, n).
- Substitute them and simplify to find A.
- Use the calculator above to solve for any letter.
Frequently asked questions
What is the formula for Half-yearly compounding?
The formula is A = P(1 + R/200)²ⁿ, where A = amount, P = principal (₹), R = rate of interest (% per year), n = time (years).
What is Half-yearly compounding when P = 7, R = 5, n = 10?
A = 11.470315. Substitute the values into A = P(1 + R/200)²ⁿ and simplify.