Select all the correct location on the graph. All the following radian measures on the given unit circle. π/3, 2 π/3, 4 π/3, and
1 answer:
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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 = %