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What is the formula to calculate monthly interest rate if the annual interest rate is known?
Annual Interest Rate divided by 12= Monthly Interest Rate
Calculate the daily interest on a annual rate of 17.7?
0.04849 %
Calculate the annual interest rate on a credit card if the monthly interest rate is 1.2.?
14.4 %. A+
How do they calculate your weekly payment?
Hours worked multiplied by rate per hour minus deductions.
How do you calculate monthly interest rate on an annual interest rate?
If not compounded monthly, a monthly interest rate is simply 1/12 of the annual rate. Things do get complicated, though if the interest is compounded monthly. An annual interest rate of R% is equivalent to a monthly rate of 100*[(1 + R/100)^(1/12) - 1] %
Formula to calculate annual salary if you are paid biweekly?
there are 26 biweekly periods in 1 year.for a salary rate of $20/hour and typical working hours of an 8 hour/dayin 2 weeks, you will have a gross pay of = $1600annually, $1600 x 26 = $41600you may try the online salary calculator linked below if you want to estimate a salary in weekly, biweekly or monthly period.it will also automatically calculate for an hourly, daily, monthly or annual salary rate.
Find the annual amount of FICA at a 7.51 percent rate by computing his annual salary?
Find the annual amount of FICA at a 7.51% rate by computing his annual salary
What is the gross annual salary for 7.50?
what is the gross annual salary of £7.50 hourly rate
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.
What does 40000 per annum equate to as a weekly rate?
Per annum means annual salary. There are typically 52 weeks in a year. 40000/52 ROUGHLY 769 per week
What is the annual salary for 8.75 per hr?
Assuming an hourly rate of $9.75, a 40-hour work week, and 52 weekly or 26 bi-weekly paychecks per year, including paid vacations, holidays and sick time, that comes to a gross annual income of $20,280.
What is the formula to calculate monthly interest rate if the annual interest rate is known?
Annual Interest Rate divided by 12= Monthly Interest Rate
How do you calculate basic wage?
To calculate basic wage, first determine the employee's hourly rate or salary. For hourly workers, multiply the hourly rate by the number of hours worked in a pay period. For salaried employees, divide the annual salary by the number of pay periods in a year. This gives you the basic wage for that specific pay period.
Calculate the daily interest rate on an annual rate of 17.7 percent?
0.04849%
How can one calculate a salary increase based on inflation?
To calculate a salary increase based on inflation, you can use the formula: New Salary Current Salary (Current Salary x Inflation Rate). This formula takes into account the current salary and the rate of inflation to determine the new salary amount.
How can I calculate the monthly percentage rate for a loan or investment?
To calculate the monthly percentage rate for a loan or investment, you can use the formula: Monthly Percentage Rate (Annual Percentage Rate / 12). This formula divides the annual rate by 12 to determine the monthly rate.
Calculate the daily interest on a annual rate of 17.7?
0.04849 %
