The annual interest rate of daphne's savings account is 2.4% and simple interest is calculated semiannually. what is the periodic interest rate of daphne's account?
a. 0.4%
b. 0.2%
c. 0.6%
d. 1.2%

1.2%

Step-by-step explanation:

<3

87%

step-by-step explanation:

apex answer

b. 6

step-by-step explanation:

we are given the table representing an exponential function.

we can see from the table that, as x is increasing, the value of y is increasing in the power of 6.

i.e. the following relation is obtained,

x = 1, y = 6

x = 2, y = 36 =

x = 3, y = 216 =

x = 4, y = 1296 =

x = 5, y = 7776 =

so, the geometric series obtained is .

thus, the common ratio is given by = = 6.

hence, the common ratio is 6.