kkkkkkk1350 kkkkkkk1350

03-04-2019
Mathematics

contestada

What is the monthly interest rate corresponding to 24% APR with a debt of $10000

Respuesta :

MrsSeifried MrsSeifried

03-04-2019

Answer: 2%

Step-by-step explanation: The APR is the annual percentage rate, which is the amount of interest that you pay in one year. In order to calculate the monthly rate you divide the annual rate by 12 months. 24% / 12 months = 2%

Answer Link

Otras preguntas

What does it mean if 6x= 6x as an answer to an equation

Which best explains how contractionary policies can hamper economic growth? They increase demand. They help increase consumer debt. They reduce consumer confid

Evaluate this expression 9 to the negative 2nd power

Robert earned $37.38 on Monday, $20.46 on Tuesday, and $49.84 on Wednesday. He calculated that he earned $87.22 for the three days. Estimate the amount Robert

bA cylinder is submerged in water as illustrated in the diagram. Which of the following statements is true? The pressure at B is equal to that at C. The pres

What is the theme of the piece above? a. the human existence b. the inevitable passage of time and the fleeting life of human beings c. the evolution of life, t

How does bonding help achieve chemical stability

Can someone please help ! ❤️

match the level of egyptian society with its definitionsold and made goodsdid the physical labor of societykept records for the bureaucracygod/kinghelped pharao

Which of the following objects will exert the greatest gravitational force on a box, if the distance between them remains the same? 2 kg mass 4 kg mass 6 kg