Answer:
2.4%
Step-by-step explanation:
If the APR is x% and it is compounded for n times in a year, then the period interest rate is
%.
Now, given that the interest rate on a mortgage is 4.8% APR compounded semiannually.
So, here x = 4.8% and n = 2 and hence, the period interest rate on the mortgage is
%. (Answer)
Here is a proportion
5/2 = x/8
2x = 40
/2 /2
x = 20
Hope this helps
168/56 or 3. 21/8 times 8/7 equals 168 over 56. Also can be 3
Is there like a picture to this ? Like a graph or something ?
Answer:
12
Step-by-step explanation:
I had the SAME EXACT question, IIT WAS right trust.