Math, asked by vivekmishra6236, 6 months ago

A Bank offers 16%
nominal rate of interest
with quarterly
compounding, what is
the effective rate of
interest?
15.98%
16.9894

Answers

Answered by jashan192

2

Answer:

15 . 98 hope it's help you

Previous Question

Next Question

Similar questions

Political Science, 2 months ago

What is science to the Democrats?

Math, 2 months ago

Math lit SBA term 1 grade 12 2020...

Science, 2 months ago

You measure my life in hours and I serve you by expiring. I’m quick when I’m thin and slow when I’m fat. The wind is my enemy.what I am?

Hindi, 6 months ago

लोकसभा के बीच कल विचार होगा (वाक्य शुद्ध कीजिए)।...

Math, 6 months ago

If an unbiased coin is tossed then ,what is ...

Computer Science, 11 months ago

Write an flowchart when sides are 3 given...

Geography, 11 months ago

Distinguishe between Biological disaster and chemical disaster...

English, 11 months ago

How many times the hermit came to the locality in three questions...