Ask your own question, for FREE!
Mathematics 8 Online
OpenStudy (anonymous):

@mihai The annual interest rate of Erika's savings account is 6.4%, and simple interest is calculated quarterly. What is the periodic interest rate of Erika's account? A. 3.2% B. 1.07% C. 0.53% D. 1.6%

OpenStudy (mihai):

D

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!