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Calculate the annual interest rate on a credit card if the monthly interest is 1.2 percent?
14.4%
How much is monthly interest on 150000 at 3 percent?
To calculate the monthly interest on $150,000 at an annual interest rate of 3 percent, first convert the annual rate to a monthly rate by dividing by 12. This gives a monthly rate of 0.25 percent (3% ÷ 12). Then, multiply the principal amount by the monthly rate: $150,000 × 0.0025 = $375. Therefore, the monthly interest is $375.
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.
Calculate the monthly interest rate on a credit card that charges 18 percent annual interest?
1.5 or 1.50
What would be the ending balance of a 1290 savings account earning 12 percent interest compounded monthly after 1 year?
12 percent, compounded monthly is the equivalent of an annual rate of approx 390%. At that rate, 1290 would be worth 5025.81 (approx).
What is the finance charge if the balance is 740.77 and the monthly rate is 1.3?
1.3 percent of 740.77 is 9.63
What is the finance charge on a credit card balance of 3299.19 at a monthly rate of 1.2 percent?
39.59
Leandre's previous credit card balance is 1299.32 What would her finance charge be if the monthly rate is 1.4 percent?
18.19
Ryan gray has a balance of 380 on his retail charge card if the store levies a finance charge of 21 percent per year how much monthly interest will be added to his account?
79.80
What should be the first step in calculating a monthly credit finance charge?
change the percent to a decimal
What should be the first step in calculating a monthly card finance charge?
change the percent to a decimal
What should be the first step in calculating a monthly credit card finance charge?
change the percent to a decimal
A family spends 20 percent of its monthly income on food 23 percent on rent and 42 percent on other expenses and saves the balance if the family saves 360 per month what is its monthly income?
2400
Calculate the annual interest rate on a credit card if the monthly interest is 1.2 percent?
14.4%
How much is monthly interest on 150000 at 3 percent?
To calculate the monthly interest on $150,000 at an annual interest rate of 3 percent, first convert the annual rate to a monthly rate by dividing by 12. This gives a monthly rate of 0.25 percent (3% ÷ 12). Then, multiply the principal amount by the monthly rate: $150,000 × 0.0025 = $375. Therefore, the monthly interest is $375.
How much would a monthly payment be on 14000 on credit card?
Three to five percent of the statement balance.
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.
