The effective annual rate of interest corresponding to a nominal rate of 6% per annum payable half-yearly is
CA Foundation · Quantitative Aptitude · PYQS · May 2025
The effective annual rate of interest corresponding to a nominal rate of 6% per annum payable half-yearly is
Suggested Answer and Working Notes:
Correct Answer: Option (D)
D. 6.09%
Topics: Part-A: Business Mathematics
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