Answer:
b. interest rate per period
Step-by-step explanation:
We know that
Annual interest rate is APR or (r)
Po is initial amount
n is number of periods
t is time in years
A is the amount after t years
so,
i is the interest rate per period
Hence ,
answer is
i is the interest rate per period
Answer:
10
Step-by-step explanation:
Obviously it will be 0.25.
Because this number is a rational number not a integer number....