Effective and nominal interest rates are equal, when the interest is compounded__________________?

Related Mcqs:

Which of the following methods of depreciation calculations results in book values greater than those obtained with straight line method ?

A. Multiple straight line method B. Sinking fund method C. Declining balance method D. Sum of the years digit method...

‘Six-tenth factor’ rule is used for estimating the_________________?

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If the interest rate of 10% per period is compounded half yearly, the actual annual return on the principal will be ______________ percent ?

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“Break-even point” is the point of intersection of_____________________?

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Which of the following does not come under the sales expenses for a product of a chemical plant ?

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