Economy, asked by yadavpratik6480, 10 months ago

The annual interest rate of Codie's savings account is 4.8%, and simple interest is calculated quarterly. What is the periodic interest rate of Codie's account?

Answers

Answered by sanjaybabu961

15

Answer:

1.2%

Explanation: Annual rate/period = 4.8%/4 = 1.2%

Answered by maksnak

1

Answer:

1.25

Explanation:

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