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Earn +20 ptsQ: Difference between 5 percent and .5 percent in interest rate?
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Continue Learning about Other Math
Which interest rate is cheaper 3.13 percent or 2.75 percent?
2.75 percent
What is your monthly interest rate at 9.75 percent on 365.00?
Assuming that the interest rate is 9.75% per year, the answer will depend on how often the interest is compounded.
Calculate the daily interest rate on an annual rate of 17.7 percent?
0.04849%
What is the effective annual rate of 8 percent interest that is compounded monthly?
0.67 percent
What is the continuous compounding rate equivalent to an effective interest rate of 18 percent?
2
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