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What if Dexter pays a monthly interest rate of 1.9 percent what is his annual percent rate?

22.8 or 22.80


What is the monthly interest rate if the annual interest rate is 18 percent?

1.5% monthly


What is the monthly interest rate on 18 percent annual rate?

1.5% monthly


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 the effective annual rate of 8 percent interest that is compounded monthly?

0.67 percent


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 on a credit card is 21 percent?

1.75%


Calculate the annual interest rate on a credit card if the monthly interest is 1.2 percent?

14.4%


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.


If Camon has a 21 percent annual interest rate what is his monthly interest rate?

1 3/4%


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 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 %