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Earn +20 ptsQ: What describes a annual percentage rate?
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What describes annual percentage rate?
An annual percentage rate is the average percentage change over a period of a year. The percentage change is the change divided by the initial value, expressed as a percentage.
What is the amount of interest that a 100 deposit would earn after compounding for one year called?
Annual equivalent percentage rate.
Calculate the daily interest rate on an annual rate of 17.7 percent?
0.04849%
What is the percent rate of change?
The rate of change is the change divided by the original value. This answer, converted to a percentage is the percentage rate of change.
What is the best rate for a Mosaic Mastercard?
The Mosaik MasterCard is a card that is issued by Bank of Montreal. There are different rates offered depending on whether or not you pay an annual fee. The Mosaik card has a rate of 18.5% with no annual fee, and a rate of 11.4% with an annual fee of $25.
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