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Earn +20 ptsQ: Are rate and percentage the same?
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How do you find the base percentage and rate example numbers?
To find the base, percentage and rateperce ntage = base * rate (rate in decimal)base = percentage/rate (rate in decimal)rate = percentage/base * 100%Example:Base = 10Percentage = 2Rate?Rate = 2/10 * 100% = 20%
How do you get the rate when the base and percentage is given?
The rate usually is the percentage.
On a 5000 annuity compounded daily what would be the annual percentage rate?
Depends on the daily percentage rate.
What will be the base of 25 percent rate and percentage is 65?
base = 260 base = percentage/ rate = 65/0.25 = 260
How do you find unknown yearly rate of interest?
-- Divide end-of-year amount by beginning-of-year amount. -- Subtract ' 1 ' from the result. -- Multiply the result by 100. -- Result is the annual percentage yield. (Not the same as annual percentage rate, if interest is compounded more often than annually.)
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