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Invisible wrote:
> If something earns 10% compound interest in a year, how much interest
> does it earn in half a year?
>
> (Now if it were *simple interest*, it would be 5%. But I don't how what
> it is for compound interest...)
If a 10% AY account is compounded at a sufficient frequency, it will
earn about 4.88% in half of a year.
Regards,
John
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