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Luden [163]
3 years ago
8

Blythe is completing calculations to determine if she can afford a new car. The bank offers her an annual interest rate of 3%. I

f she plans to make monthly payments, what would be her monthly interest rate?
Write the answer as a percent.
Mathematics
1 answer:
Alex17521 [72]3 years ago
4 0

0.25%

Step-by-step explanation:

0.03 divided by 12 = 0.25%

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