Mathematics, 10.03.2020 04:43 sciencecreation87

Lakeya knows the quarterly interest rate on her loan is 8% and can be written as the expression 1.084t. What is an expression for the annual interest rate?
A) 0.27t
B) 1.02t
C) 1.32t
D) 1.36t

Answers: 2

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Lakeya knows the quarterly interest rate on her loan is 8% and can be written as the expression 1.084t. What is an expression for the annual interest rate? A) 0.27t B) 1.02t C) 1.32t D) 1.36t

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Another question on Mathematics

Lakeya knows the quarterly interest rate on her loan is 8% and can be written as the expression 1.084t. What is an expression for the annual interest rate?
A) 0.27t
B) 1.02t
C) 1.32t
D) 1.36t