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adamousa
adamousa adamousa
  • 24-06-2016
  • Mathematics
Answered

if the interest rate is 10% a month what is the annual rate? 213.8?

Verified Answer :

jhonyy9
jhonyy9 jhonyy9
  • 24-06-2016

on month -------- 10%
12 month ---------- x %
-------------------------------
 x = 1210/1 = 1210 = 120%

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