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You are late paying your cable bill again. It was due 9 days ago and you have been charged $38. Your bill was $113. What
- You are late paying your cable bill again. It was due 9 days ago and you have been charged $38. Your bill was $113. What is the period rate? Convert to a percent and round to 2 decimal places.
- You are late paying your cable bill again. It was due 13 days ago and you have been charged $39. Your bill was $151. What is the Effective Annual Rate? Convert to a percent and round to 2 decimal places.
3. Your roommate let you borrow $281 to buy the PS5 2 months ago. You just paid him back today and gave him $31 extra for interest. What is the effective annual rate? Convert to a percent, round to 2 decimal places.
4. Your roommate let you borrow $370 to buy the PS5 3 months ago. You just paid him back today and gave him $28 extra for interest. What is the period rate? Convert to a percent, round to 2 decimal places
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