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What is the present value of 10 semi-annual payments of P2000 each if the first payment is after 2 years and money is worth 8% compounded semi- annually? - Quora

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SOLVED: OTHER COMPOUNDING PERIODS Semi-annual compounding: When interest is compounded semi-annually (every 6 months), it means: Interest is calculated and added to the principal twice each year. For example, a rate of

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At the rate of 12% per annum, the annual compound interest on a sum of money in 2 years is rs.2019 less than the semi annual compound interest, find the principal - r4rshmm