leahsaylor2002 leahsaylor2002

10-03-2021
Mathematics

contestada

Question 3 of 25
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. 0.8%
OB. 0.4%
C. 1.2%
o
D. 2.4%
SUBMIT

Respuesta :

westzayonna2021 westzayonna2021

10-03-2021

Answer:

A 0.4 %

Step-by-step explanation:

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