If a 23% interest rate is for a year, what is the daily, periodic rate?

A 0.0438%

B 0.0538%

C 0.0638%

D 0.0738%

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A 0.0438%

B 0.0538%

C 0.0638%

D 0.0738%

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The Correct Answer Is B

Answer:B 0.0538%

Step-by-step explanation:12/23