Answer:
you would need to first do
(p times 1.25)
+
(j times 1.85)
and then
22 divided by 33.50
Step-by-step explanation:
A graph that has no breaks in it is called a continuous data
The correct option will be: d. 0.4%
For finding the periodic interest rate , we need to divide the annual interest rate by the number of times interest calculated in a year.
Here, the simple interest is calculated monthly, that means the number of times interest calculated in a year will be 12.
Annual interest rate is 4.8%
So, the periodic interest rate =
%