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

Related Mcqs:

If Rs.7500 are borrowed at C.I at the rate of 4% per annum, then after 2 years the amount to be paid is_______?

A. Rs.8082 B. Rs.7800 C. Rs.8100 D. Rs.8112...

Find the Compound Interest on Rs. 15,625 for 9 months at 16% per annum compounded quarterly?

A. Rs. 1851 B. Rs. 1941 C. Rs. 1951 D. Rs. 1961...

The compound interest on Rs. 30,000 at 7% per annum is Rs. 4347. The period(in years) is_________?

A. 2 B. 2 1/2 C. 3 D. 4...

What is the principle amount which earns Rs.132 as compound interest for the second year at 10 % per annum?

A. Rs. 1000 B. Rs. 1200 C. Rs. 1320 D. None of these...

A sum amount to Rs.1344 in two years at simple interest. What will be the compound interest on the same sum at the same rate of interest for the same period?

A. Rs.150 B. Rs.140 C. Rs.130 D. Data insufficient for the answer...