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Financial Management MCQs (BBA Finance) From Textbook

Financial Management MCQs – Certification Test 260

Semiannual and Compounding Periods Quiz (Question 260) – App & e-Book Download

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MCQ 260: The finance company providing loans at 12% with 2 compounding periods per year, the periodic rate is classified as:

  1. 3% per quarter
  2. 6% per quarter
  3. 6% per year
  4. 0.1667 % per year

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