billybobbeau billybobbeau

26-02-2021
Mathematics

contestada

If the annual interest rate is 12%, what is the monthly interest rate?

If the annual interest rate is 12 what is the monthly interest rate class=

Respuesta :

jameskilduff96 jameskilduff96

26-02-2021

Answer:

1%

Step-by-step explanation:

since there are 12 months in a year, 12 divided by 12 = 1 therefore it's 1% per month

Answer Link

Otras preguntas

Find the equation of the line (3,-2) and parralel to the line containing the points (-2,4) and (-4,-2).

What will the equation be if mowing need help. I need my lawn mowed every week from June through the middle of July. I will pay 35 dollars for each mowing for 7

Cellular respiration mainly occurs in _____. Golgi bodies mitochondria ribosomes cytoplasm

There were 10 horses are involved in this year’s preakness stakes. suppose you are betting to correctly pick top three finishers. from this information alone, w

Vidalia georgia, like many parts of the south, is associated with the farming of one particular crop. what crop is vidalia famous for?

On the last day of school, a food-fight broke out in the cafeteria even the principal was involved but it was over as soon as it began. Which punctuation mark s

Why did the american public support cuban rebels?

3c+2d=2;d=4 step by step

Travis runs an average of 25 miles per week give or take six miles. let m be the number of miles travis runs each week

What addition doubles fact can help you find 4 + 3? Explain how you know?