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Home >> Simple Interest >> Compound Interest >> Difference Compound Interest Yearly & Half Yearly >>

Difference Compound Interest Yearly & Half Yearly

Calculate Compound Interest (half yearly) Calculate Compound Interest (Quarterly) Difference Compound Interest Yearly & Half Yearly Difference Compound Interest Yearly & Quarterly Difference Compound Interest Half Yearly & Quarterly

Compounded Yearly Compounded half yearly
  • Interest is added after every one year to form a new principal
  • Interest is added after every six months to form a new principal.
  • No Change in Rate of Interest
  • Rate of Interest is equal to half of annual rate i.e. R = R/2
  • No Change in Time
  • Since in one year there are two half years, so T = 2T
  • Amount = P ( 1 + R / 100 ) T
  • Amount = P ( 1 + R / 200 ) 2T
  • CI = P [ ( 1 + R / 100 ) T - 1]
  • CI = P [ ( 1 + R / 200 ) 2T - 1]
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