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Earn +20 ptsQ: How do you calculate the compounded annual growth rate?
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How do you calculate monthly interest rate on an annual interest rate?
If not compounded monthly, a monthly interest rate is simply 1/12 of the annual rate. Things do get complicated, though if the interest is compounded monthly. An annual interest rate of R% is equivalent to a monthly rate of 100*[(1 + R/100)^(1/12) - 1] %
How do you calculate CAGR Compounded annual growth rate?
=((End Value/Beginning Value) ^ (1/# of intervening years)) - 1 what is mean by this sign ^ otherwise let clarify particular formula
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%.
What is the annual interest rate on 5000 compounded continuously at 6.3 annual interest rate?
I suspect that it will be 6.3!
What is the monthly interest rate of and annual 10 percent rate?
It is 0.833... recurring % if the interest is simple, or compounded annually. If compounded monthly, it is approx 0.797 %
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