Mathematics for FinancePYQ Nov 19Question 1199 of 422
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Find the effective rate of interest at $10\%$ p.a. which interest is payable quarterly

Options

A$10.38\%$
B$5\%$
C$5.04\%$
D$4\%$
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Correct Answer

Option b$5\%$

All Options:

  • A$10.38\%$
  • B$5\%$
  • C$5.04\%$
  • D$4\%$

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