The annual interest rate of Daphne's savings account is 2.4% and simple interest is calculated semiannually. What is the periodic interest rate of Daphne's account?
A. 0.4%
B. 0.2%
C. 0.6%
D. 1.2%
Answers (2)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The annual interest rate of Daphne's savings account is 2.4% and simple interest is calculated semiannually. What is the periodic interest ...” in 📘 Mathematics 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
The amount of matter inside a 3D figure is its
Answers (2)
Is 32>64/4 true or false
Answers (1)
A soccer ball is kicked from the ground with an initial upward velocity of 120 feet per second. The equation h (t) = - 16t² + 120t gives the height h of the ball after t seconds. What is the height of the ball after 2 seconds?
Answers (1)
5x-7y+2=0 y 15x-21y=7
Answers (1)
What belongs to you but others use it more than you do?
Answers (2)
New Questions in Mathematics
Find the square root of 64/25
Answers (1)
Use the definitions and theorems of this section to evaluate and simplify the following expression. Be sure to express answers with positive exponents. (b3) 2
Answers (1)
One method of indirect measurement involves setting up a right triangle and measuring one of the acute angles.
Answers (1)
What is the remainder of 39 divided by 5?
Answers (2)
Is - 4 or - 3 rational
Answers (2)