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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.
How much monthly interest would you make from 50000 at 3 percent interest?
To calculate the monthly interest from an investment of $50,000 at a 3% annual interest rate, you first divide the annual rate by 12 months. This gives you a monthly interest rate of 0.25% (3% ÷ 12). Multiplying this monthly rate by the principal amount ($50,000) results in a monthly interest of $125.
What is the monthly interest rate if the annual interest rate is 18 percent?
1.5% monthly
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 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 does 2 percent monthly interest translate to in annual interest?
Multiply the monthly interest rate by the number of months is a year to calculate the annual interest rate: 2% x 12mo = 24%
What is the monthly interest rate if the annual interest rate is 18 percent?
1.5% monthly
What is monthly interest payment on a 10000 loan for 5 years at 12 percent interest?
The monthly interest is 100.
What is the monthly interest on 20000000 if the interest rate is 5 percent?
90,000
What is the monthly interest rate on 18 percent annual rate?
1.5% monthly
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.
Monthly interest rate is 1.6 percent what is the APR?
19.2
What is the effective annual rate of 8 percent interest that is compounded monthly?
0.67 percent
Calculate the amount of interest on 2 000.00 for 4 years compounding daily at 2.25 percent APR From the Monthly Interest Table use 1.094171 in interest for each 1.00 invested?
The question cannot be answered. 1.094171 monthly is not equivalent to 2.25 APR. So the question contains inconsistent information.
What is monthly interest payment on a 10000 loan for 5 years at 9.5 percent interest?
79.17
