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Mathematics, 13.05.2021 17:20 MayFlowers

The expression (1.2045) models the interest charged for a student loan over time, t, in years. Which of the followilly situation? Select all that apply.
The yearly interest rate is about 16%
The daily interest is about 0.04%
The yearly interest rate is about 116%
The monthly interest rate is about 1.2%
The daily interest rate is about 1.0004%

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The expression (1.2045) models the interest charged for a student loan over time, t, in years. Which...
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