Question

Can any on of u send me the T.S gerwal class 12 vol-1 ch-1 illustration pictures pls .​

Answer 1

Answer:

T.S gerwal class 12 vol-1 ch-1 illustration pictures

Example of How to Use the Effective Annual Interest Rate

Effective annual interest rate = (1 + (nominal rate / number of compounding periods)) ^

(number of compounding periods) - 1.

For investment A, this would be: 10.47% = (1 + (10% / 12)) ^ 12 - 1.

And for investment B, it would be: 10.36% = (1 + (10.1% / 2)) ^ 2 - 1.