Asked by Bailey Roy-2020 on Apr 24, 2024
Verified
Change the monthly rates to annual rates.
a.1.3% =
__________
b.1.75% =
__________
c.0.75% =
__________
Monthly Rates
The amount or percentage per month used for calculating changes in financial or other measurements.
Annual Rates
Yearly percentages or quantities employed in various calculations, such as interest or growth rates.
- Convert monthly interest rates to annual rates.
Verified Answer
TP
Learning Objectives
- Convert monthly interest rates to annual rates.