Chemical Engineering Plant Economics (MCQs)

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

  • A. Quarterly
  • B. Semi-annually
  • C. Annually
  • D. In no case, they are equal
Answer: Option C.
Explanation: 
No answer description available for this question

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button