The neighborhood bank offers a lower rate on commercial account than on personal accounts,if the commercial rate is 1.25% lower

Question

2 years ago

5

than the personal rate, what is the rate for commercial accounts?

1 answer:

Klio2033 [76] · Answer 1 · 2022-08-10T17:03:46+03:00

4 0

Answer:

Step-by-step explanation:

Let p represent the personal rate.

Then the commercial rate is c = p - 1.25%.

Next time, please make sure to include all given values in your question.