The effective annual rate of interest, corresponding to a no

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70

M: +2.00/-0.50

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

[SSC CHSL 7th June 2022 Shift-3 With Answers]

A

0.0608

B

0.0609

C

0.0606

D

0.0607

...

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