Nominal and effective interest rates are equal, when the interest is c – McqOptions

MCQOPTIONS

1.	Nominal and effective interest rates are equal, when the interest is compounded
A.	quarterly
B.	semi-annually
C.	annually
D.	in no case, they are equal
Answer» D. in no case, they are equal

Discussion

No Comment Found

Related MCQs

With increase in temperature drop (in a shell and tube heat exchanger), the correction factor,
In a double pipe concentric heat exchanger, the equivalent diameter of annulus for heat transfer would be (where, and are I.D. of inner and outer pipes)
Joint efficiency () for a seamless pipe is
In common bubble cap distillation column design practice, riser area is approximately equal to (where, = Annular passage area, and = Slot area)
The absorption factor is defined as (where, = slope of the equilibrium curve, = slope of the operating line)
In the design of a paddle agitator, the ratiois normally taken as
Stress-strain diagram for low carbon steel/mild steel is shown below in the Fig. The point '' on the Fig. represents the
In a multiple effect evaporator system having '' effects, the amount of water evaporated per unit surface area in approximately equal to __________ times that in a single effect.
The correction factor () is applied in __________ heat exchangers.
for couplings and unions would be