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Mathematics, 15.11.2020 23:10 ineedhelp2285

Please help !! The annual interest rate of Chuck's savings account is 4.8%, and simple
interest is calculated monthly. What is the periodic interest rate of Chuck's
account?
A. 0.4%
B. 0.8%
C. 1.2%
D. 2.4%

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Answers: 2

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Please help !! The annual interest rate of Chuck's savings account is 4.8%, and simple
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