Find the daily rate if the annual interest rate is 12%.
.
a. 0.0003287671
• b. 0.03287671
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C. 0.23076923
.
d. 0.00230769

Respuesta :

Answer:

B.) 0.03288%

Step-by-step explanation:

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Answer:

Periodic Interest Rate (P)

(rate per compounding period)

0.03288%

Answer is B

Step-by-step explanation: