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Section C (4 Mark)A rate of interest of 10% semi-annual compounded quarterly would be equal...

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Section C (4 Mark)

A rate of interest of 10% semi-annual compounded quarterly would be equal to -------------------- % per annum compounded annually.

A.

20% per Annum Compounded Annually

B.

21.55% per Annum Compounded Annually

C.

20.50% per Annum Compounded Annually

D.

21% per Annum Compounded Annually

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TESTED 02 Aug 2025