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an9dyM2addieBearn
an9dyM2addieBearn an9dyM2addieBearn
  • 29-07-2016
  • Business
Answered

The annual interest rate of Marcella's savings account is 7.2%, and simple interest is calculated semi-annually. What is the periodic interest rate of Marcella's account?

A0.8%
B1.2%
C3.6%
D0.4%

Verified Answer :

yourmumsanoodle
yourmumsanoodle yourmumsanoodle
  • 31-10-2018

3.6% ...................

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