Effective and nominal interest rates are equal, when the interest is c – McqOptions

MCQOPTIONS

1.	Effective and nominal interest rates are equal, when the interest is compounded
A.	Annually
B.	Fortnightly
C.	Monthly
D.	Half-yearly
Answer» B. Fortnightly

Discussion

No Comment Found

Related MCQs

In which city is the head office of the Insurance Regulatory and Development Authority of India (IRDAI) situated?
Cost of instrumentation in a modern chemical plant ranges from __________ percent of the total plant cost.
Scheduling provides information about the
In financial accounting of a chemical plant, which of the following relationship is invalid?
'Six-tenth factor' rule is used for estimating the
Chemical engineering plant cost index is used for finding the present cost of a particular chemical plant, if the cost of similar plant at some time in the past is known. The present cost of the plant = original cost × (index value at present/ index value at time original cost was obtained). The most major component of this cost index is
In a manufacturing industry, breakeven point occurs, when the
_________ of depreciation calculation does not take into account the interest on investments
Gross earning is equal to the total income minus
Depreciation is __________ in profit with time.