Math, asked by klass26, 3 months ago

What is the corresponding annual effective interest rate equivalent to an effective annual discount rate of 5% p.a.?

Answers

Answered by Fight2Server

0

Step-by-step explanation:

Correct option is

D

6.09%

Amount of Rs.100 for 1 year when compounded half-yearly} =Rs.[100×(1+

100

3

)

2

]=Rs.106.09

∴ Effective rate =(106.09−100)% =6.09%

Previous Question

Next Question

Similar questions

Business Studies, 1 month ago

types of small scale industries...

Math, 1 month ago

check the divisibility inverse of - 13...

Music, 1 month ago

They say he likes a good time (My, oh my) He comes alive at midnight (Every night) My mama doesn't trust him (My, oh my) He's only here for one thing But (so am I) Yeah A little bit older A black leather jacket A bad reputation Insatiable habits He was onto me, one look and I couldn't breathe Yeah, I said, "If you kiss me I might let it happen" I swear on my life that I've been a good girl...

Math, 3 months ago

factorize the following expressions y²-18y+81 ...

English, 3 months ago

1) Excess of everything is bad comment in the wake of res. Pumphony's 's love for Tricky...

Political Science, 10 months ago

Positive and negative impect of diverse population. Write in brief...

English, 10 months ago

Describe Tuts lineage and historical legacy in about 150 words.

English, 10 months ago

thai news was true, on 21 june 2020 end of the world ...