Register

Given an interest rate of 12% compounded yearly, Find the equivalent rate per year compounded monthly. ​

Given an interest rate of 12% compounded yearly, Find the equivalent rate per year compounded monthly. ​
125k views
19 votes
Given an interest rate of 12% compounded yearly, Find the equivalent rate per year compounded monthly.

​

User Tetrinity
by
8.2k points

1 Answer

9 votes

Answer:

Answer below in the picture

I hope my answer helps.

Given an interest rate of 12% compounded yearly, Find the equivalent rate per year-example-1
User Tugberk Sengezer
by
7.8k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Link Copied!