Can someone pls help me with this question?

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asked Oct 18, 2022 143k views

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SpaceShroomies · Answer 1 · 2022-10-24T05:19:25+0000

Answer:

d

Explanation:

annual means yearly so all we have to do to find monthly rate is divide the yearly rate by 12 because there are 12 months in a year. 7.5/12=.625 so his monthly interest rate is .625%

Can someone pls help me with this question?

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