CUET · MATHS · PYQ PAPER 2025
Which of the following is NOT correct?
- A Nominal rate of return is the total amount of money earned by an investment without considering various expenses.
- B The compound annual growth rate is calculated by the final and beginning value of the investment.
- C The compound annual growth rate describes the effect of compounding.
- D The actual rate of return can be calculated by adding the various expenses into the total money earned.
Answer & Solution
Correct Answer
(D) The actual rate of return can be calculated by adding the various expenses into the total money earned.
Step-by-step Solution
Detailed explanation
The actual rate of return can be calculated by adding the various expenses into the total money earned.
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