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What describes the Annual Percentage Rate?
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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
What is the annual percentage spent on food in Germany?
The answer depends on percentage relative to WHAT!Total annual spend in Germany?Annual spend on food in the EU, Europe, World?Some other measure for comparison?
What is 2000 is compounded quarterly at a rate of 8 percent for 5 years?
The answer will depend on whether the 8% refers to a quarterly rate or an annual equivalent rate.5 years = 5*4 = 20 quarters.At a quarterly rate, it is 2000*(1.08)20?= 9321.66 approx.At an annual equivalent rate of 8% (that is 1.94% per quarter), ?the total is 938.66 approx.?The answer will depend on whether the 8% refers to a quarterly rate or an annual equivalent rate.5 years = 5*4 = 20 quarters.At a quarterly rate, it is 2000*(1.08)20?= 9321.66 approx.At an annual equivalent rate of 8% (that is 1.94% per quarter), ?the total is 938.66 approx.?The answer will depend on whether the 8% refers to a quarterly rate or an annual equivalent rate.5 years = 5*4 = 20 quarters.At a quarterly rate, it is 2000*(1.08)20?= 9321.66 approx.At an annual equivalent rate of 8% (that is 1.94% per quarter), ?the total is 938.66 approx.?The answer will depend on whether the 8% refers to a quarterly rate or an annual equivalent rate.5 years = 5*4 = 20 quarters.At a quarterly rate, it is 2000*(1.08)20?= 9321.66 approx.At an annual equivalent rate of 8% (that is 1.94% per quarter), ?the total is 938.66 approx.?
How do you calculate the percentage of raise?
To calculate the percentage of a raise: Determine the difference between your new pay rate and your old: New (higher) pay rate - Old (lower) pay rate = Difference Then divide the difference by your old rate and multiply by 100 to get the percentage. (Difference/Old pay rate) * 100 = Percentage of raise
What describes a annual percentage rate?
A measure of the cost of credit expressed as a yearly interest rate.
What describes annual percentage rate?
An annual percentage rate is the average percentage change over a period of a year. The percentage change is the change divided by the initial value, expressed as a percentage.
Which of these describes the annual percentage rate?
the amount of finance fee that is charged on the loan for each year
What describes the Annual Percentage Rate?
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What is the maximum annual percentage rate for visa?
The annual percentage rate may vary but it can be increased to an 18% APR.
What is the effective annual rate for a credit card with a 9.9 percent annual percentage rate that is compounded daily?
The effective annual rate for a credit card that carries a 9.9% annual percentage rate (compounded daily) is 10.4%.
How the annual percentage rate measures the true cost of a loan?
how the annual percentage rate measures the true cost of a loan
What is the definition of an APR?
Annual Percentage Rate.
What is the annual percentage rate of visa?
It is 17.99%
On a 5000 annuity compounded daily what would be the annual percentage rate?
Depends on the daily percentage rate.
What does typical APR mean?
Annual Percentage Rate
What do the abbreviations of APR mean?
Annual Percentage Rate
