calculate 10% of number ($2950.00 x 10% = 295.00) then divide it by 12.
1% because in a year itll be 12% instead of 10%
333.3333
4000x12=48000
9/12 as a percent is 75%
12% per year
30.00
12
298*12/100 = 35.76
12% on 2500 = 2500*12/100 = 300
(12/100) x 12000 = 12 x 120 = 1440
It's 11/12 percent of whatever principle you still owe.
(Amount of working capital/100)*12
12 is what percent of 4000= 12 / 4000= 0.003Converting decimal to a percentage: 0.003 * 100 = 0.3%
5,132.33^10
To calculate the annual interest rate of 18 percent per month, you first need to multiply the monthly rate by 12 to get the annual rate. So, 18 percent per month would be 18% x 12 = 216% per year. This means that the interest accrued annually would be 216% of the initial amount borrowed or invested.
calculate 10% of number ($2950.00 x 10% = 295.00) then divide it by 12.