Answer:
C 5.55
Step-by-step explanation:
253/60 = 4.21
80/60 = 1.33
4.21 + 1.33 = 5.55
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1 6/10
you should first turn this fraction into a improper fraction
1 3/5= 8/5
now you multiply the denominator and the numerator by the same number, in this case i am using 2
8/5 times 2/2= 16/10 or 1 6/10
The annual interest rate is 4%
