0
To calculate the annual interest rate of 18 percent per month, you first need to multiply the monthly rate by 12 to get the annual rate. So, 18 percent per month would be 18% x 12 = 216% per year. This means that the interest accrued annually would be 216% of the initial amount borrowed or invested.
Still curious? Ask our experts.
Chat with our AI personalities
DevinI've poured enough drinks to know that people don't always want advice—they just want to talk.
Chat with Devin
LaoThe path is yours to walk; I am only here to hold up a mirror.
Chat with Lao
BeauYou're doing better than you think!
Chat with Beau
Add your answer:
Earn +20 ptsQ: How much per annum is 18 percent per month?
Write your answer...
Submit
Still have questions?
Continue Learning about Basic Math
What is a 12 percent annum?
12% per year
If you make 44000 per annum how much do you make in a month?
Well lets see here... 44000/12=3666
In how may years a sum of money at the rate of 10 percent simple interest per annum will triple itself?
30 years
What percent of 60000 would equal 1000 dollars per month?
12000 per year is 20 percent of 60000
If you make 20000 per year how much is that per month?
$1,666.67 per month.
Trending Questions
What is 5.4572 rounded to the nearest thounsandths?
How do you write negative 0.04 as a decimal?
What is the greatest common factor of eighteen twenty eight and forty four?
What is the greatest common factor of 35 and 56?
How do you convert a decimal to a quotient of two integers?
What are the factors and prime factors of 222?
What are the factors of 3 5 and 97?
What is 8355 rounded to the nearest hundred?
How much is year 2000 pennies?
How do you write 0.910 in words?
Is 2x2x5 a prime factorization?
How do you connect 2 twin mattress?
What is the prime factorization of 15.15.15.15?
What dose few mean?
What is the greatest common factor of 525 375 275?
What is this number call 100000000000000000?
What is 55 percent of 80?
What is equal to 2 3 in fractions?
What are the multiples of 5 between 100 and 150?
What is 6578 rounded to the nearest 5?
Copyright ©2025 Infospace Holdings LLC, A System1 Company. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.