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It is 8.16%
17%
2590/2400 gives us 1.079166666666667, or a roughly 8% increase in that time. If we want an 8% increase in 10 months with a simple (non-compounding) interest rate, then it must rise by 8/10 = 0.8% per month.
If the interest rate is the annual equivalent rate then the frequency of compounding is irrelevant.In that case, it would be 146.93In the unlikely even that the interest rate is 8% per month, equivalent to approx 152% annual, it would be worth 10125.71
18600 x (1.04)2 = 18600 x 1.0816 = 20117.76. The effective rate is 8.16%