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The effective annual rate of interest corresponding to a nominal rate of 6% per annum payable for half-yearly is-OPTIONS are:-(a) 6.06 %(b) 6.07 %(c) 6.08 %(d) 6.09 % |
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Answer» The effective annual rate of interest corresponding to a nominal rate of 6% per annum payable for half-yearly is- OPTIONS are:- (a) 6.06 % (b) 6.07 % (c) 6.08 % (d) 6.09 % |
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