Q. The effective annual rate of interest, corresponding to a nominal rate of 6% per annum payable half yearly, is : - Study24x7
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Q. 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%

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  • Srilakshmi G
  • Can anyone send the solution for this?
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