*$_Nominal and effective interest rates are equal, when the interest i – 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

A series of equal payments (e.g., deposit or cost) made at equal intervals of time is known as%!
A reactor having a salvage value of Rs. 10000 is estimated to have a service life of 10 years. The annual interest rate is 10%. The original cost of the reactor was Rs. 80000. The book value of the reactor after 5 years using sinking fund depreciation method will be Rs.%!
An investment of Rs. 1000 is carrying an interest of 10% compounded quarterly. The value of the investment at the end of five years will be%!
Equipment installation cost in a chemical process plant ranges from __________ percent of the purchased equipment cost.%!
Nominal and effective interest rates are equal, when the interest is compounded%!
In an ordinary chemical plant, electrical installation cost may be about%!
Profit is equal to revenue minus%!
Which of the following is a component of working capital investment?%!
Factory manufacturing cost is the sum of the direct production cost%!
The value of a property decreases __________ with time in straight line method of determining depreciation.%!