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:
jhliyuglkiygedrloqayfgwelJUQHAUGWDkutygsk,Hgkuyt
Step-by-step explanation:
Five hundred six thousand seven hundred and nine.
29/4 hopes this help sorry if I’m wrong
Answer:
122.88
Step-by-step explanation:
<u>3072</u>
25
122.88 sorry I forgot how to show all the work I love my calculator but hopefully the answer you need will help.