Register
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
7.6k 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
7.1k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

8.3m questions

10.9m answers

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
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
Link Copied!