0 votes 0 votes The effective annual rate of interest corresponding to a nominal rate of $8 \%$ per annum payable half yearly is : $4 \%$ $7.84 \%$ $8.08 \%$ $8.16 \%$ Quantitative Aptitude nielit2022feb-scientistd + – Lakshman Bhaiya asked Jul 22, 2022 • edited Aug 27, 2022 by Lakshman Bhaiya Lakshman Bhaiya 13.7k points 268 views answer comment Share See all 0 reply Please log in or register to add a comment.