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Subjects>Math>Math & Arithmetic

If Dexter pays a monthly interest rate of 1.9 percent what is his annual percent rate?

Updated: 9/17/2023

Salvajoker1 ∙

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∙ 14y ago

Best Answer

22.8

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22.80

Wiki User

∙ 14y ago

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Q: If Dexter pays a monthly interest rate of 1.9 percent what is his annual percent rate?

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What is the monthly interest rate if the annual interest rate is 18 percent?

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%

Calculate the annual interest rate on a credit card if the monthly interest is 1.2 percent?

14.4%

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 %

Related questions

What if Dexter pays a monthly interest rate of 1.9 percent what is his annual percent rate?

22.8 or 22.80

What is the monthly interest rate if the annual interest rate is 18 percent?

1.5% monthly

What is the monthly interest rate on 18 percent annual rate?

1.5% monthly

What does 2 percent monthly interest translate to in annual interest?

Multiply the monthly interest rate by the number of months is a year to calculate the annual interest rate: 2% x 12mo = 24%

What is the effective annual rate of 8 percent interest that is compounded monthly?

0.67 percent

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%

Calculate the annual interest rate on a credit card if the monthly interest is 1.2 percent?

14.4%

If Camon has a 21 percent annual interest rate what is his monthly interest rate?

1 3/4%

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 %

How do you convert annual interest rate to monthly?

Let i = annual rate of interest. Then i' = ((1+i )^(1/12))-1 Where i' = monthly rate of interest

Calculate the monthly interest rate on a credit card that charges 18 percent annual interest?

1.5 or 1.50

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If Dexter pays a monthly interest rate of 1.9 percent what is his annual percent rate?

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