Get Started
550

Q:

The effective annual rate of interest corresponding to a nominal rate of 6% per annum payable half yearly is: 

  • 1
    6.06%
  • 2
    6.07%
  • 3
    6.08%
  • 4
    6.09%
  • Show Answer
  • Workspace

Answer : 4. "6.09%"

The Most Comprehensive Exam Preparation Platform

Get the Examsbook Prep App Today