Mathematics, 25.09.2019 23:00 maya611

The annual interest rate of mike's savings account is 4.8%, and simple interest is calculated monthly. what is the periodic interest rate of mike's account?
a.0.6%b.0.9%c.1.8%d.0 .4%

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The annual interest rate of mike's savings account is 4.8%, and simple interest is calculated monthly. what is the periodic interest rate of mike's account? a.0.6%b.0.9%c.1.8%d.0 .4%

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The annual interest rate of mike's savings account is 4.8%, and simple interest is calculated monthly. what is the periodic interest rate of mike's account?
a.0.6%b.0.9%c.1.8%d.0 .4%