If the interest rate of 10% per period is compounded half yearly, the actual annual return on the principal will be ______________ percent ?

Chemical Engineering Mcqs

If the interest rate of 10% per period is compounded half yearly, the actual annual return on the principal will be ______________ percent ?

(A) 10

(B) 20

(C) > 20

(D) < 20

Submitted By: Ali Uppal

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