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If your annual interest rate is 5% and and actual days are 150 , what is your periodic interest rate using the ACT/360 method of

If your annual interest rate is 5% and and actual days are 150 , what is your periodic interest rate using the ACT/360 method of calculating interest? Enter your answer as a decimal to 4 places. YOU MUST SHOW YOUR WORK FOR CREDIT. EOS Format Tabis

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