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Jessica’s bank is offering bear a loan with a stated rate of 4.90% interest. If the interest is compounded every two months what will Jessica pay. For interest l?

A. 4.90
B. 5.00
C. 5.01
D. 4.98

2 Answers

3 votes

Answer:

B no wrok needed

Explanation:

User Antoine
by
4.3k points
6 votes
the answer is b.

hope this helps
User Barny
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