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OpenStudy (anonymous):
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? A. 2.4% B. 1.2% C. 0.4% D. 0.8% @Loveiskey18 @countonme123
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OpenStudy (anonymous):
4.8/4 = 1.2
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