Compound Interest - Grade 8 (Question: 1605089271)
It specifies the rate of interest and a number of interest periods in one year.
A. Nominal rate of interest
B. Effective rate of interest
C. Rate of interest
D. Rate of discount
It specifies the rate of interest and a number of interest periods in one year.
A. Nominal rate of interest
B. Effective rate of interest
C. Rate of interest
D. Rate of discount
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