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If the daily interest rate is 3.50 percent what is the annual interest rate?
Wiki User
∙ 14y ago
3.5% interest compounded daily is equivalent to 3.562% annual yield.
(It can't possibly be 3.5% daily. That would compound to 28,394,072% in a year.)
Wiki User
∙ 14y ago
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What is the daily interest rate if the annual interest rate is 16.75 percent based on 365 days in the year?
If the interest rate yearly is 16.75% then the daily interest rate will be 16.75%. The daily, weekly, monthly, or hourly rate doesn't change from one time frame to the next.
What is the daily interst on the annual rate of 17.7 percent?
If the interest is compounded on a daily basis, for 365 days, the equivalent rate is 0.04466 per cent.
What is the monthly interest rate if the annual interest rate is 18 percent?
1.5% monthly
What is the monthly interest rate if the annual interest rate on a credit card is 21 percent?
1.75%
Calculate the daily interest on a annual rate of 17.7?
0.04849 %
Calculate the daily interest rate on an annual rate of 17.7 percent?
0.04849%
What would the daily interest rate on an annual rate of 18.4 percent?
0.050410958904109589041095890410959%
Daily interest rate on annual rate of 17.7 percent?
If the interest is simple exact interest, the answer is 17.7/365 = 0.0485 daily percent interest, to the justified number of significant digits.
What is the daily interest rate if the annual interest rate is 16.75 percent based on 365 days in the year?
If the interest rate yearly is 16.75% then the daily interest rate will be 16.75%. The daily, weekly, monthly, or hourly rate doesn't change from one time frame to the next.
What is the daily interst on the annual rate of 17.7 percent?
If the interest is compounded on a daily basis, for 365 days, the equivalent rate is 0.04466 per cent.
What is the monthly interest rate if the annual interest rate is 18 percent?
1.5% monthly
What is the annual interest rate of 1194 at 5 percent?
The 5% interest rate of 1194 is 59.7
What is the monthly interest rate if the annual interest rate on a credit card is 21 percent?
1.75%
Calculate the daily interest on a annual rate of 17.7?
0.04849 %
What is the effective annual rate for a credit card with a 9.9 percent annual percentage rate that is compounded daily?
The effective annual rate for a credit card that carries a 9.9% annual percentage rate (compounded daily) is 10.4%.
What is the monthly interest rate on 18 percent annual rate?
1.5% monthly
If Camon has a 21 percent annual interest rate what is his monthly interest rate?
1 3/4%
