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What is the monthly interest rate on 18 percent annual rate?
1.5% monthly
Monthly interest rate is 1.6 percent what is the APR?
19.2
How can I calculate the monthly interest rate from an annual interest rate?
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.
How to convert a monthly interest rate to an annual 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.
How to convert a yearly interest rate to a monthly interest rate?
To convert a yearly interest rate to a monthly interest rate, divide the yearly rate by 12. This will give you the equivalent monthly interest rate.
What is the monthly interest rate if the annual interest rate is 18 percent?
1.5% monthly
How much is monthly interest on 150000 at 3 percent?
To calculate the monthly interest on $150,000 at an annual interest rate of 3 percent, first convert the annual rate to a monthly rate by dividing by 12. This gives a monthly rate of 0.25 percent (3% ÷ 12). Then, multiply the principal amount by the monthly rate: $150,000 × 0.0025 = $375. Therefore, the monthly interest is $375.
What is the monthly interest rate on 18 percent annual rate?
1.5% monthly
What is monthly interest if balance is 20500 at interest rate of 6.5 percent?
Assuming 6.5% refers to the annual interest rate, the monthly interest is 111.04 approx.
What is the monthly interest rate if the annual interest rate on a credit card is 21 percent?
1.75%
What is the interest rate of 13.75 percent compounded monthly is equivalent to a daily compounded interest rate?
14.651
If Camon has a 21 percent annual interest rate what is his monthly interest rate?
1 3/4%
Monthly interest rate is 1.6 percent what is the APR?
19.2
If Dexter pays a monthly interest rate of 1.9 percent what is his annual percent rate?
22.8 or 22.80
What if Dexter pays a monthly interest rate of 1.9 percent what is his annual percent rate?
22.8 or 22.80
How much monthly interest would you make from 50000 at 3 percent interest?
To calculate the monthly interest from an investment of $50,000 at a 3% annual interest rate, you first divide the annual rate by 12 months. This gives you a monthly interest rate of 0.25% (3% ÷ 12). Multiplying this monthly rate by the principal amount ($50,000) results in a monthly interest of $125.
What is the monthly interest rate of and annual 10 percent rate?
It is 0.833... recurring % if the interest is simple, or compounded annually. If compounded monthly, it is approx 0.797 %
