sebastianvilleowxxpu sebastianvilleowxxpu

05-10-2017
Mathematics

contestada

A credit card advertises an annual interest rate of 23%. What is the equivalent monthly interest rate?

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ronaldjkim0 ronaldjkim0

05-10-2017

the monthly interest rate would be 1.9%

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joemamg4y joemamg4y

15-06-2021

Answer:

I = [tex]1.02^{12t}[/tex]

Trust me I just finished the lesson and my teacher even showed me the answer key

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