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.
To calculate the daily interest rate for a financial investment, divide the annual interest rate by 365 (the number of days in a year). This will give you the daily interest rate.
1.5% monthly
To calculate the monthly interest rate from an annual interest rate, divide the annual rate by 12. This will give you the monthly interest rate.
To convert a monthly interest rate to an annual interest rate, you can multiply the monthly rate by 12. This will give you the annual interest rate.
To convert an annual interest rate to a monthly interest rate, divide the annual rate by 12. This will give you the equivalent monthly rate.
0.04849%
0.050410958904109589041095890410959%
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.)
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.
If the interest is compounded on a daily basis, for 365 days, the equivalent rate is 0.04466 per cent.
To calculate the daily interest rate for a financial investment, divide the annual interest rate by 365 (the number of days in a year). This will give you the daily interest rate.
1.5% monthly
To calculate daily interest on a billion dollars, you need the annual interest rate. For example, at a 5% annual interest rate, the daily interest would be approximately $137,000, calculated as follows: $1,000,000,000 x (5% / 365). This means the actual daily interest varies based on the interest rate applied.
1.75%
The 5% interest rate of 1194 is 59.7
0.04849 %
The effective annual rate for a credit card that carries a 9.9% annual percentage rate (compounded daily) is 10.4%.