adamousa
adamousa adamousa
  • 24-06-2016
  • Mathematics
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if the interest rate is 10% a month what is the annual rate? 213.8?

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jhonyy9
jhonyy9 jhonyy9
  • 24-06-2016
on month -------- 10%
12 month ---------- x %
-------------------------------
 x = 12*10/1 = 12*10 = 120% 
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