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%

Question

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%

thuthuy · Answer

The Correct Answer Is B

Vodka · Answer

Answer:   B 0.0538%   Step-by-step explanation:   12/23