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tresset_1 [31]
3 years ago
6

The annual interest rate of Jacques' savings account is 3.6%, and simple interest is calculated monthly. What is the periodic in

terest rate of Jacques' account?
A. 0.6%
B. 0.9%
C. 0.3% <----- Apex Answer
D. 1.8%
Mathematics
2 answers:
kifflom [539]3 years ago
3 0
Divide by 12 equals 0.3
ryzh [129]3 years ago
3 0

Answer:0.03 is the answer


Step-by-step explanation:(Apex)


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Answer:

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anygoal [31]

Answer:

\sf  y=7\frac{2}{3} and \sf x = \frac{2}{3}

Explanation:

\sf (1)  \  \  (2x+y = 9)

\sf (1) \ \  (2x+5y = 37)

<u>solve for y</u>:

\sf 2x + y = 9

\sf 2x + 5y = 37

-----------------

\sf 0x + 6y = 46

\sf 6y = 46

\sf  y=\frac{23}{3}

\sf  y=7\frac{2}{3}

<u>solve for x</u>:

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