What will be the rate for a sum taken for 5 years at 8% p.a. compounded half-yearly?

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answerhappygod
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What will be the rate for a sum taken for 5 years at 8% p.a. compounded half-yearly?

Post by answerhappygod »

a) 8%
b) 5%
c) 4%
d) 7%
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