Answer :
Answer:
4 dollars 80 cents
Step-by-step explanation:
if annual is 12%, find monthly, 12/12=1
monthly rate is 1%
convert to decimal
0.01
480*0.01
4.8
Answer:
4 dollars 80 cents
Step-by-step explanation:
if annual is 12%, find monthly, 12/12=1
monthly rate is 1%
convert to decimal
0.01
480*0.01
4.8