Mathematics, 12.02.2020 21:00 munziruddin204

Jessica's bank is offering her a loan with a stated rate of 4.90% interest. If the interest is compounded every two months
will Jessica really pay for interest?
a. 4.90%
b. 5.00%
c. 5.01%
d. 4.96%

Answers: 1

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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...