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A P E X!!!! URGENT :The annual interest rate of Belinda's savings account is 8.6% and simple interest is calculated quarterly. What is the periodic interest rate of Belinda's account?
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A P E X!!!! URGENT :The annual interest rate of Belinda's savings account is 8.6% and simple interest is calculated quarterly. What is the periodic interest rate of Belinda's account?

User John Jang
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1 Answer

4 votes

Answer:

The answer is 2.15%

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User Benrwb
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