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-- Divide end-of-year amount by beginning-of-year amount.
-- Subtract ' 1 ' from the result.
-- Multiply the result by 100.
-- Result is the annual percentage yield. (Not the same as annual percentage rate,
if interest is compounded more often than annually.)
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How much is interest on one million dollars?
as of today, the interest rate in the United States( with the currency 1 million dollars) is 0.25% Therefore, after one month, the one million dollar will have an interest of: $2500 ((1000000/100)*0.25)
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 correct yearly interest rate for a monthly rate of 1.5 percent?
It is [1 - (1.015)^12]*100 % = 19.56 %
How much interest rate daily of fifty million dollars?
That depends on the interest rate; this has been varying widely in recent years. Multiply the capital (the 50 million dollars) by the yearly interest rate; divide the result by 365 to get the daily interest.
How do you find interest rate?
To find interest rate you multiply the price by the time by the percent
What is the current yearly interest rate for a month for the rate of 0.6?
The current yearly rate comes out to be 7.2 percent.
What is a yearly payment of simple interest?
It is the capital multiplied by the interest rate (in %) divided by 100.
What is the current yearly interest rate for a monthly for the rate of 0.6?
If the monthly interest rate is 0.6%, you can multiply that by 12 to get an approximation of the yearly rate. For an exact calculation (involving compound interest), you basically convert the interest rate (0.6% a month) to a factor - that is, your total money increases by a factor of 1.006 (i.e., 1 + 6%) a month. You can raise this to the power 12 to convert it to yearly, then subtract one to convert it back to an interest rate. For small interest rates, as in this case, the result should be fairly close to the above quick estimate.
What of these describes annual percentage rate?
A measure of the cost of credit expressed as a yearly interest rate A+
How much is interest on one million dollars?
as of today, the interest rate in the United States( with the currency 1 million dollars) is 0.25% Therefore, after one month, the one million dollar will have an interest of: $2500 ((1000000/100)*0.25)
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 correct yearly interest rate for a monthly rate of 1.5 percent?
It is [1 - (1.015)^12]*100 % = 19.56 %
How much interest rate daily of fifty million dollars?
That depends on the interest rate; this has been varying widely in recent years. Multiply the capital (the 50 million dollars) by the yearly interest rate; divide the result by 365 to get the daily interest.
What describes a annual percentage rate?
A measure of the cost of credit expressed as a yearly interest rate.
How do you find interest rate?
To find interest rate you multiply the price by the time by the percent
What is the interest rate for a mortgage from the bank Indymac?
The interest rate for mortgages from IndyMac start from between 2.7% - 3.7%, depending on your yearly fixed rate. This also depends on your annual mortgage payments.
How do you slove dis que find da nominal n effective rate of interest in each cases rs 1000 lent at 12 percent pa interest payable half yearly?
i didnt find the ans so solve it
