Asked by Bailey Gardenhire on May 17, 2024
Verified
Change the annual rates to monthly rates.
a.18% =
__________
b.12% =
__________
c.8.4%=
__________
Annual Rates
Refers to the interest or growth rate over a period of one year.
- Convert interest rates from an annual to a monthly format.
Verified Answer
AW
Learning Objectives
- Convert interest rates from an annual to a monthly format.