Q10
The effective annual rate of interest corresponding to a nominal rate of 6% per annum payable half-yearly is:
A.
6.06%
B.
6.07%
C.
6.08%
D.
6.09%
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
Aptitude · Q10
Compound Interest
Competitive Exams · Aptitude · question 10