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The effective rate of return equivalent to a nominal rate of 12% per annum compounded quarterly is: [Given that: (1.03)^4 ≈ 1.1255]

CUET UG 2025 — Mathematics Statistics & Applications

2025mcqmedium

The effective rate of return equivalent to a nominal rate of 12% per annum compounded quarterly is: [Given that: (1.03)4≈1.1255(1.03)^4 ≈ 1.1255(1.03)4≈1.1255]

Official previous-year question

Held on 30 May 2025 · Verified 13 Jul 2026.

Options

  1. A

    13.55%

  2. B

    12.55%

  3. C

    11.55%

  4. D

    14.25%

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