billybobbeau billybobbeau

26-02-2021
Mathematics

contestada

If the annual interest rate is 12%, what is the monthly interest rate?

If the annual interest rate is 12 what is the monthly interest rate class=

Respuesta :

jameskilduff96 jameskilduff96

26-02-2021

Answer:

1%

Step-by-step explanation:

since there are 12 months in a year, 12 divided by 12 = 1 therefore it's 1% per month

Answer Link

Otras preguntas

MC)Which of these people or groups pushed hardest for strong protections for emancipated slaves' civil rights? the Populist Party the Freedmen's Bureau Pre

identify each as an expression or an equation y-5=2

Factor the expression 4x+32. Explain each step you take in the process.

1. Julia has $80. She wants to purchase a nail paint set for $16 and earrings. She spends the rest of the money on earrings. Each pair of earrings costs $8. W

make x the subject v²+x=w

What was wrong with the urban machine from the progressive point of view? We're we better off with it than without it?

what animals eat beach grass

who has the power in democracy how did they get their power how did they keep their power what is the role of an individual in the government

Which of the following describes the main focus of The Prince? A. It promotes political power based on Christian principles. B. It offers advice on acquiring

Which of the following is an example of indirect characterization? A. "Three times Della counted it. One dollar and eighty-seven cents. And the next day would