Social Sciences, asked by yashrajpatil430, 1 year ago

The equivalent annual rate of interest due to compounding is-

(a) Effective rate of interest (b) Simple interest.

(c) Compound interest (d) All of the above

Answers

Answered by saksham7976

4

Answer:

It means interest can be compounded several times in a year

Answered by tusharjain7366

1

Answer:

a) effective rate of interest

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