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12 July, 23:23

If the annual interest rate is 2.8% then the weekly rate is

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  1. 13 July, 00:37
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    0.0538% (3 sf)

    Step-by-step explanation:

    annual = 1 yr = 12 months = 52 weeks

    2.8% / 52 = 0.053846153
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