Asked by Kirtley Pemberton on Jun 24, 2024
Verified
Change the monthly rates to annual rates.
a.0.6% =
__________
b.0.4% =
__________
c.1.2% =
__________
Monthly Rates
Rates calculated or applied on a monthly basis, commonly found in subscriptions, rentals, or loans.
- Transform monthly interest rates into annual percentages.
Verified Answer
CE
Learning Objectives
- Transform monthly interest rates into annual percentages.