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

5. The benzoate anion is the conjugate base of the benzoic acid. Potassiumbenzoate forms a basic solution in water, so benzoic acid is aA strong acidB saltc wea

What is the role of community in disaster management?

Read each example, and determine the type of detail that is used. As a child, I remember watching flocks of geese fly off in search of a warmer climate each fal

What can happen to people who disagree with the president in Russia?

please help , 1-10 , thanks !

the speaker in the poem compares hope to a bird that

The variable z is directly proportional to x, and inversely proportional to y. When x is 4 and y is 10, z has the value 0.8. What is the value of z when x= 13

[tex](12 {x}^{2} + 13y)(4x \times 2xy)[/tex]need help solving? can anyone help

Brainliest for whoever can give the most interesting WW2 related facts and events.

Sun protection must be used during the hours of A. 6:00 PM to 8:00 PM. B. 10:00 AM to 2:00 PM. C. 2:00 PM to 6:00 PM. D. 8:00 AM to 10:00 AM.