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CA Foundation doubt

how to find The effective rate of interest corresponding to a nominal rate 3% p.a. payable half yearly ?

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Asked by Latika5 May 2024368 views

4 answers

  1. Gagan · 5 May 2024

    Ans C

  2. ꪜ༏ꪜᎬᏦ · 5 May 2024

    Ans c

  3. veera · 5 May 2024

    Yes

  4. Nidhi · 5 May 2024

    [(1+0.03÷2)^2 -1]× 100 = 3.0225

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