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 = %
Answer:
1) A
2) A
3) B
4) D
5)A
6) D
7) A
8) C
9) D
Step-by-step explanation:
1) -5 (-2) -6= 4
2) 3 coins plus c coins = 3 + c
3) x-2 =16, x = 18
4) =-5. Clearing, z = 60
5) x =13,4
6) 14=t-4. Clearing t = 58
7) -30=j+50, clearing j=80
8) 2.8x=-9.24, clearing x=-3-3
9) 5.8= . Clearing z=12.76
<em>"Mitchael owes $8 to his bank, so he decides to add $60 in April at a rate of $2 per day. How many days Mitchael needs in order to get $28 in his account?"</em>
<h2>Explanation:</h2><h2 />Hello! Remember you have to write clear questions in order to get good and exact answers. The given equation doesn't make any sense so I'll assume the correct one is:
So let's write a real world problem you could answer by solving the equation:
<em>"Mitchael owes $8 to his bank, so he decides to add $60 in April at a rate of $2 per day. How many days Mitchael needs in order to get $28 in his account?"</em>
So by isolating x (number of months):
So Mitchael would need 18 days in order to get $28 in his account
<h2>Learn more:</h2>Method for solving system of linear equations: brainly.com/question/10185505
#LearnWithBrainly