1. Nominal and effective interest rates are equal, when the interest is compounded





Ask Your Doubts Here

Type in
(Press Ctrl+g to toggle between English and the chosen language)

Comments

Show Similar Question And Answers
QA->The difference between compound interest and simple interest for an amount of Rs. 40,000 for 2 years at 5% interest rate is....
QA->A man deposited Rs. 5,000 in a Bank which gives 12% interest compounded half yearly. How much he get back after one year?....
QA->Which continent has the lowest birth and death rates?....
QA->Which continent has the lowest birth and death rates ?....
QA->Five equal forces of 10 N each are applied at one point and all are lying in one plane. If angles between them are equal, the resultant of these forces wil be?....
MCQ->Nominal and effective interest rates are equal, when the interest is compounded....
MCQ->Effective and nominal interest rates are equal, when the interest is compounded....
MCQ->The difference between the simple interest and the compound interest compounded annually at the same rate of interest on a sum of money at the end of two years is INR 50/-. What is definitely the rate of interest percent per annum?....
MCQ->What will be the compound interest earned on an amount of Rs. 5000 in 2 years? I.  The simple interest on the same amount at the same rate of interest in 5 years is Rs. 2000. II.  The compound interest and the simple interest earned in one year is the same.  III.  The amount becomed more than double on compound interest in 10 years.....
MCQ->As we know that RBI reviews its monetary policy and makes adjustments in the interest rates. Which among the following will not happen if interest rates are reduced a little?....
Terms And Service:We do not guarantee the accuracy of available data ..We Provide Information On Public Data.. Please consult an expert before using this data for commercial or personal use | Powered By:Omega Web Solutions
© 2002-2017 Omega Education PVT LTD...Privacy | Terms And Conditions
Question ANSWER With Solution