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

A. Rs 6.06%
B. Rs 6.07%
C. Rs 6.08%
D. Rs 6.09%Correct Answer
Correct Option: D. Rs 6.09%

This question has been verified by the PakPrep community moderation network for competitive examination accuracy.

HomeCategoriesQuizSaved (0)Profile