The effective annual rate of interest corresponding to a nom - Exam Yatra

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71

M: +1.00/-0.00

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

[RBI ASSISTANT 2016]

A 6.10%

B 6.11%

C 6.08%

D 6.09%

E None of these

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