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The annual interest rate of Marcella's savings account is 7.2%, and simple interest is calculated semi-annually. What is the periodic interest rate of Marcella's accou…
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The annual interest rate of Marcella's savings account is 7.2%, and simple interest is calculated semi-annually. What is the periodic interest rate of Marcella's accou…
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Jan 7, 2017
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The annual interest rate of Marcella's savings account is 7.2%, and simple interest is calculated semi-annually. What is the periodic interest rate of Marcella's account?
A. 0.8%
B. 1.2%
C. 3.6%
D. 0.4%
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Jan Kukacka
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3.6% ...................
Dana The Sane
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Jan 11, 2017
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Dana The Sane
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