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

The boiling point of pure ethanol, C2H5OH, is 78.4 ∘C. Its boiling point elevation constant is 1.22 °C/m. What is the boiling point of a solution formed by diss

What are the two causes of alcoholism psych?

Which structure of the eye is correctly matched with its function? a. cornea – regulates the amount of light entering the eye b. lens – protects the eye c. iris

Which syllable is emphasized when pronouncing arthroscope

how do you do This? It says to simplify the expression.

Help me answer these please.......

Can someone help with 39-40 ???

Find the pairs of numbers between 8 and 18 that have 5 as the greatest common factor

how do we check purity of liquids?

About how much higher is the risk of a vehicle crash at a BAC of 0.10 percent than a BAC of 0.00 percent? About how much higher is the risk of a vehicle crash