Math, asked by hansoranandini, 7 months ago

the effective rate of interest for one year corresponding to a nominal at 7% rate of interest per annum convertible quarterly is

Answers

Answered by devimanju6481

1

Answer:

r = 7% p.a i.e 1.75% per quarter(7/4).

Previous Question

Next Question

Similar questions

World Languages, 3 months ago

7. Remplissez les blancs avec a, en, au, aux : a) Pendant les vacances, je vais ___ Canada. b) Comment allez-vous ___ Suisse ? c) Je visite mon frère ____ Mexique. d) Je veux aller étudier ____ Inde. e) L’école organise un voyage ___ Russie.

Math, 3 months ago

The equation of locus of all points equidistant from the point (-1,2) and the origin is : (A) X-3y-7=0 (B) 2x - 4y + 5 = 0) (C) 4x + y-3=0 (D) x +2y+1=0...

Math, 3 months ago

draw to show the fraction 13/5...

Chemistry, 7 months ago

The valency of iron in Fe2(SO.), is:...

Math, 7 months ago

Nidhi purchased two sarees for 2,150 each. She sold one saree at a loss of 8% and the other at a gain. If she had a gain of 1,230 on the whole transaction, find the selling price of the second saree.

English, 1 year ago

How does the poet bring out the pathetic condition of the blind child in the poem the blind child...

Economy, 1 year ago

Should the government care about how much trade the United States undertakes with other countries? When should the government seek to promote trade? When should the government seek to limit trade? Think about the benefits that trade and interconnectedness can bring you as a consumer. Also consider the drawbacks, if any, to this increasing globalization.

Physics, 1 year ago

A voltmeter of 900 ohm connected in series with resistance R in a circuit reads 198 V. When R is replaced by 2R,the voltmeter reads 180 volts. what is the value of R...