never have i ever in my entire life understood this. but after watching this video I understood everything and believe me i am the happiest person alive right now. thank you so much, it was all your help. loved it and liked it as well
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rate is 10% anually so for 6 month it will be 10/2 = 5. time is 5 years so it will be 10 half years. (1 + 5/100) power 10 (1 + 0.05) power 10 1.05 power 10
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Give me a answer My question is Find the rate at which a sum of money will become 4 times the original amount in 2 years if the interest is compounded half yearly
never have i ever in my entire life understood this. but after watching this video I understood everything and believe me i am the happiest person alive right now. thank you so much, it was all your help. loved it and liked it as well
Happy to hear that. You are always welcome!
Excillent explaination even whole video is in english but i am able to understand every single word sir great job!!😀😀
Great you like our video.
Very nice explanation
Very interesting topic amazing video
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Thanks for solved my prob.
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Thanx sir..... It was very helpful
Thanks
Plz someone help me how the sir has calculated 1.05 power 10
rate is 10% anually
so for 6 month it will be 10/2 = 5.
time is 5 years so it will be 10 half years.
(1 + 5/100) power 10
(1 + 0.05) power 10
1.05 power 10
@@Bodhaguru thnk you sir 😀
Thanks for a get proper istalment
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Thanks
welcome
💯
Sir will amount is same as installment being paid??
Very interesting concept. I was always itimidated with word COMPOUNDED. Thanks a lot for this
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Give me a answer
My question is
Find the rate at which a sum of money will become 4 times the original amount in 2 years if the interest is compounded half yearly
😎 cool.......
thank you
easy
Sir time of 9 month for half yearly
What is time of 9 month in half yearly
Nice very helpful
thanks
Anybody can tell me?What is the formula to calculate compound interest of the time 9 month?
to calculate interest monthly, you need to divide the annual rate by 12 to account for the 12 months in every year.
Thank u
welcome
Different payment period????
Bad
thanks
you are welcome