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How do you convert an annual compound interest rate to a six monthly one?

Accounting Financial Reporting Financial Management Economics
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Question added by Frank Mwansa , ACCOUNTING LECTURER , FREELANCER
Date Posted: 2016/05/01
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Mohammed Shahsad
by Mohammed Shahsad , Freelance Travel Consultant , Freelancing

interest amount will be principle amount to the rate of interest and divided into half has it is for six month.

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