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Mathematics, 17.12.2020 01:00 Rodrigo6379

What is the purpose of the periodic interest rate? (2 points) a for borrowers to compare the rates between different loans
b for lenders to compare the interest rates between different investments
c to determine the amount of interest charged during a specific time frame
d to determine the minimum payment of a credit card

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What is the purpose of the periodic interest rate? (2 points) a for borrowers to compare the rates...
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