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Posted Date: 16 Mar 2009      Posted By: pravesh surana      Member Level: Gold       Category: Arithmetic Reasoning

If the effective rate of interest is 10.25% per annum and the nominal rate of interest is
compounded twice a year, then the nominal rate of interest per annum is



Select Answer:

9%
10%
10.5%
11%
12%



      
Your Test Score: 0 / 0



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