Answer:
1.06t
Step-by-step explanation:
When the annual rate on a loan is 12% , which was represented using the expression 1.12t. Where t is the time. We are asked to write an expression that represents the 6 months interest rate applied. Assuming the rate of interest for 6 months be 6% half yearly, the expression for the same will be 1.06t
Answer:
1.06t
Step-by-step explanation:
When the annual rate on a loan is 12% , which was represented using the expression 1.12t. Where t is the time. We are asked to write an expression that represents the 6 months interest rate applied. Assuming the rate of interest for 6 months be 6% half yearly, the expression for the same will be 1.06t
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