Mathematics, 03.02.2021 03:10 makaylahunt
Jessica's bank is offering her a loan with a stated rate of 4.90% interest. If the interest is compounded every two months, what will Jessica really pay for interest?
A) 4.90%
B) 5.00%
C) 5.01%
D) 4.96%
Please explain
Answers: 2
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Jessica's bank is offering her a loan with a stated rate of 4.90% interest. If the interest is compo...
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