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What is the per annum interest rate of 18 per cent for 30 days?
Wiki User
∙ 14y ago
Call it a month so 1½%. If you want to be pernickety it's 18 x 30/365 = 1.479%
Wiki User
∙ 14y ago
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What is the nominal rate of interest per annum compounded monthly equvalent to effective interest rate of 12.60 percent per annum?
0.9938% per month, when compounded is equivalent to 12.6% annually.
What is the daily interst on the annual rate of 17.7 percent?
If the interest is compounded on a daily basis, for 365 days, the equivalent rate is 0.04466 per cent.
How do YOU calculate interest on working capital at the rate of 12 percent per annum?
(Amount of working capital/100)*12
What will be simple interest on Rs 600 at the rate 3.5 percent per annum for 4 year?
Rs 84 in all.
Determine the per annum interest rate r required for an investment with continuous compound interest to yield an effective rate of 4.25 percent Express your answer as a percent?
We still need to know how often the interest is compounded ... Weekly ? Daily ? Hourly ? What does "continuous" mean ?
What is the Per annum interest of 18 per cent for 95 days?
the interest rate would be 4.68% for the 95 day period
What is the usery interest rate in Florida?
18% per annum
What is differnce between interest rate stated as per annum and just interest rate as a percentage?
An interest rate as a percentage is the one flat rate you must pay. Interest rate per annum is a compound interest, determined every year that the loan (or whatever) has not been paid back. Say, if you owed me $100 with a 1% per annum interest rate. You have to pay me back $101. If you have not repaid the loan, the next year you would have to pay me an extra 1% of $101, and so on.
What is the nominal rate of interest per annum compounded monthly equvalent to effective interest rate of 12.60 percent per annum?
0.9938% per month, when compounded is equivalent to 12.6% annually.
What is pcpa as interest rate?
P.C.P.A. stands for Percent Compounded Per Annum.
What was the interest rate in the US in 1975?
The interest rate in 1975 was between 7.0 per cent and 10.0 per cent. The highest interest rate was from January and February of that year.
What is the term deposit rate of interest for effective date?
It depends on the number of days you are willing to deposit your money. The average rate in India for a 1 year deposit is around 8% per annum.
What is the daily interst on the annual rate of 17.7 percent?
If the interest is compounded on a daily basis, for 365 days, the equivalent rate is 0.04466 per cent.
What is interest of rs 200000 at the rate of 11.5 percent per annum for 3 years?
Assuming simple interest, you multiply the capital times the interest rate times the number of years.
What would the cost be for a interest rate of 9 percent annum on 13500.00?
multiply 13500 by .09
How do YOU calculate interest on working capital at the rate of 12 percent per annum?
(Amount of working capital/100)*12
What will be simple interest on Rs 600 at the rate 3.5 percent per annum for 4 year?
Rs 84 in all.
