The annual interest rate of Marcella's savings account is 7.2%, and simple interest is calculated semiannually. What is the periodic interest rate of Marcella's account?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The annual interest rate of Marcella's savings account is 7.2%, and simple interest is calculated semiannually. What is the periodic ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
According to the discussion of the "color of money," blue money is
Answers (1)
In making single-asset real estate investment decisions, the first pass often involves calculating a series of returns, ratios, and multipliers. Which of the following is often cited as a limitation associated with this type of analysis? a.
Answers (1)
What happens to supply when input costs go up?
Answers (1)
A wedding planner allows $10,000 for flowers and three weeks to receive all RSVPs back from the list of 700 guests. Both estimates are correct within a fraction of a percent. We could describe this factoid as: a. Numeric and objective. b.
Answers (1)
Can we tell from this information whether aggregate expenditure was higher or lower than GDP during this quarter? If not, what other information do we need? A. Aggregate expenditure was equal to GDP in this quarter. B.
Answers (2)
New Questions in Business
Net worth is the difference between a firm's assets and its liabilities. a. True b. False
Answers (1)
Buyer Jim agreed to a 20-day window to get a survey done. A number of problems have occurred and after 20 days from the signed contract date, buyer Jim has yet to have a survey completed. What is now the status of the sales contract? a.
Answers (1)
Lawrence has worked in his career field for 20 years. one benefit of his experience over younger employees lies in
Answers (1)
Ingredient lists on gum packages remain somewhat vague, even though these labels fall under federal regulations, because the manufacturers feel their ingredient lists are _[blank]_.
Answers (1)
Kirsten is trying to decide where to go for her well earned vacation. She would like to camp, but if the weather is bad, she will have to go to a motel.
Answers (1)