jawaddu03
jawaddu03 jawaddu03
  • 12-06-2020
  • Mathematics
contestada

if the annual interest rate is 2.8% then the weekly rate is

Respuesta :

kwokyy
kwokyy kwokyy
  • 12-06-2020

Answer:

0.0538% (3 sf)

Step-by-step explanation:

annual = 1 yr = 12 months = 52 weeks

2.8% / 52 = 0.053846153

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