Q. Effective and nominal interest rates are equal, when the interest is compounded

  • (A) Annually
  • (B) Fortnightly
  • (C) Monthly
  • (D) Half-yearly
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✅ Correct Answer: (A) Annually

Published by Team MCQ Buddy ⭐ 29.34K Points at 07-May-2023 09:33 pm in Chemical Engineering Plant Economics

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