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Can someone pls help me with this question?

Can someone pls help me with this question?-example-1
User Namek
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1 Answer

9 votes

Answer:

d

Explanation:

annual means yearly so all we have to do to find monthly rate is divide the yearly rate by 12 because there are 12 months in a year. 7.5/12=.625 so his monthly interest rate is .625%

User SpaceShroomies
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