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What was the APR if paid 195 interest on a 2000 purchase made 12 equal monthly payments?
17.5
Calculate prorata share of monthly rent on a per diem basis?
Equal monthly amount (over 12 instal) over # days within the specific month
Cassandra is repaying an installment loan of 3500 with 20 equal monthly payments of 196 each what is the annual percentage rate of the loan?
C 12%
Interest on maturity is better or monthly interest?
If you need a monthly income then obviously a monthly income is better. If the monthly interest is not withdrawn then it makes no difference because the annual interest rate is usually equal to the compounded monthly rate.
How do you figure out your monthly salary with your yearly salary?
Divide your yearly salary by 12 to get your monthly salary.
What is twelve dozen?
A dozen is equal to 12. Therefore, 12 dozen is equal to 12 x 12 = 144.
If Michael is paid monthly an annual salary of 42624 what would his gross monthly pay be?
Gross monthly pay is a person's monthly pay before taxes. If Michael is paid $42,624 a year (annually) but he gets paid every month, then you would divide 42624 by 12 because there are 12 months in a year. 42624/12= 3552
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] %
What is 20000 a year monthly?
1,666.67 = 20,000 / 12
What is 12 times 12 times 12 equal?
12 times 12 times 12 is equal to 1,728.
What is monthly interest payment on a 10000 loan for 5 years at 12 percent interest?
The monthly interest is 100.
What does what equal 12?
12 tablespoons equal 0.75 of a cup.
