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

The effective annual rate of interest, corresponding to a nominal rate

1.	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%
Answer» E.

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

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