Latest self Aptitude Question SOLUTION: The effective annual rate of interest corresponding to a nominal rate of 6% per annum payable half-yearly is: A. 6.06% B. 6.07% C. 6.08% D. 6.09%

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Previous Question: Albert invested an amount of Rs. 8000 in a fixed deposit scheme for 2 years at compound interest rate 5 p.c.p.a. How much amount will Albert get on maturity of the fixed deposit? A. Rs. 8600 B. Rs. 8620 C. Rs. 8820 D. None of these Next Question: Simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest on Rs. 4000 for 2 years at 10% per annum. The sum placed on simple interest is: A. Rs. 1550 B. Rs. 1650 C. Rs. 1750 D. Rs. 2000

(#M40008418) SELF Numerical Ability question self Keep an EYE

The effective annual rate of interest corresponding to a nominal rate of 6% per annum payable half-yearly is:

A. 6.06% B. 6.07%
C. 6.08% D. 6.09%: niru (12 years ago); Unsolved Read Solution (1); Is this Puzzle helpful? (14) (4) Submit Your Solution Simple & Compound Interest

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Previous Question: Albert invested an amount of Rs. 8000 in a fixed deposit scheme for 2 years at compound interest rate 5 p.c.p.a. How much amount will Albert get on maturity of the fixed deposit? A. Rs. 8600 B. Rs. 8620 C. Rs. 8820 D. None of these Next Question: Simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest on Rs. 4000 for 2 years at 10% per annum. The sum placed on simple interest is: A. Rs. 1550 B. Rs. 1650 C. Rs. 1750 D. Rs. 2000

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