作业帮a certain money market account that had a balance of 48000 during all of last month earned 360 in interest for month.at what simple annul interest rate did the account earn interest last month?
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a certain money market account that had a balance of 48000 during all of last month earned 360 in interest for month.at what simple annul interest rate did the account earn interest last month?
a certain money market account that had a balance of 48000 during all of last month earned 360 in interest for month.at what simple annul interest rate did the account earn interest last month?
a certain money market account that had a balance of 48000 during all of last month earned 360 in interest for month.at what simple annul interest rate did the account earn interest last month?
360/48000*12=9% per year
and may I know which accounting principle you are learning,GAAP or IAS,for generally speaking it is rare to classify money account or capital account when comes to interest,for the annual interest rate is the same
annul interest equals to 360 divided by 48000 ,that is 0.75%.仅供参考。。。
某一货币市场户口上月整个月的结余为48000,而月内获得利息360.这户口上月的简单年利率为何?