Mathematics, 31.03.2021 19:20 momodagrate

The annual interest rate of Erika's savings account is 6.4%, and simple interest is calculated quarterly. What is the periodic interest rate of Erika's account?

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The annual interest rate of Erika's savings account is 6.4%, and simple interest is calculated quarterly. What is the periodic interest rate of Erika's account?​

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The annual interest rate of Erika's savings account is 6.4%, and simple interest is calculated quarterly. What is the periodic interest rate of Erika's account?