adrianaamador393 adrianaamador393

02-05-2019
Mathematics

contestada

shelby's monthly periodic rate is 1.95%. what is the APR?

Respuesta :

NicoleLimaaa NicoleLimaaa

02-05-2019

Monthly periodic rate = 1.95%

The APR is the annual periodic rate

The annual periodic rate is the monthly rate multiplied by 12, because there are 12 months in a year

APR = monthly periodic rate X number of months in a year

= 1.95% X 12

= 23.4%

Answer Link

Otras preguntas

what portion of earth is included in the biosphere

Ten times a number increased by 5 is greater than twelve times a number decreased by one.

who has the most water and why

Which nineteenth-century art movement attempted to show subjects as they appear in daily life?

Find the value of c that makes the expression a perfect square trinomial. Then write the expression as the square of a binomial. x^2+7x+c

help me solve this problem

Name two functional groups that contain ionic charges?

how does the speaker in "stopping by woods on a snowy evening" show his level of commitment? a. he admires the frozen lake and the nearby farmhouse. b. he rests

What is 0.006 written as a fraction of a percent?

What section of a research paper should contain the main idea? A. the body B. the conclusion C. the title D. the introduction E. the bibliography