answersLogoWhite

0


Best Answer

;klasdjfkl;j;lkasldkjlfkj;laksdjl;kfj;klajsd;lkfjl;askdjfal;kdsjfkla

User Avatar

Wiki User

9y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What describes the Annual Percentage Rate?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Basic Math

What of these describes annual percentage rate?

A measure of the cost of credit expressed as a yearly interest rate A+


How do you convert annual interest rate to monthly?

Let i = annual rate of interest. Then i' = ((1+i )^(1/12))-1 Where i' = monthly rate of interest


What is the annual percentage spent on food in Germany?

The answer depends on percentage relative to WHAT!Total annual spend in Germany?Annual spend on food in the EU, Europe, World?Some other measure for comparison?


What is 2000 is compounded quarterly at a rate of 8 percent for 5 years?

The answer will depend on whether the 8% refers to a quarterly rate or an annual equivalent rate.5 years = 5*4 = 20 quarters.At a quarterly rate, it is 2000*(1.08)20?= 9321.66 approx.At an annual equivalent rate of 8% (that is 1.94% per quarter), ?the total is 938.66 approx.?The answer will depend on whether the 8% refers to a quarterly rate or an annual equivalent rate.5 years = 5*4 = 20 quarters.At a quarterly rate, it is 2000*(1.08)20?= 9321.66 approx.At an annual equivalent rate of 8% (that is 1.94% per quarter), ?the total is 938.66 approx.?The answer will depend on whether the 8% refers to a quarterly rate or an annual equivalent rate.5 years = 5*4 = 20 quarters.At a quarterly rate, it is 2000*(1.08)20?= 9321.66 approx.At an annual equivalent rate of 8% (that is 1.94% per quarter), ?the total is 938.66 approx.?The answer will depend on whether the 8% refers to a quarterly rate or an annual equivalent rate.5 years = 5*4 = 20 quarters.At a quarterly rate, it is 2000*(1.08)20?= 9321.66 approx.At an annual equivalent rate of 8% (that is 1.94% per quarter), ?the total is 938.66 approx.?


How do you calculate the percentage of raise?

To calculate the percentage of a raise: Determine the difference between your new pay rate and your old: New (higher) pay rate - Old (lower) pay rate = Difference Then divide the difference by your old rate and multiply by 100 to get the percentage. (Difference/Old pay rate) * 100 = Percentage of raise

Related questions

What describes a annual percentage rate?

A measure of the cost of credit expressed as a yearly interest rate.


What describes annual percentage rate?

An annual percentage rate is the average percentage change over a period of a year. The percentage change is the change divided by the initial value, expressed as a percentage.


What of these describes annual percentage rate?

A measure of the cost of credit expressed as a yearly interest rate A+


Which of these describes the annual percentage rate?

the amount of finance fee that is charged on the loan for each year


What is the effective annual rate (EAR) if the annual percentage rate (APR) is 5 and compounding is quarterly?

The effective annual rate (EAR) is 5.09 when the annual percentage rate (APR) is 5 and compounding is done quarterly.


What is the maximum annual percentage rate for visa?

The annual percentage rate may vary but it can be increased to an 18% APR.


What is the effective annual rate for a credit card with a 9.9 percent annual percentage rate that is compounded daily?

The effective annual rate for a credit card that carries a 9.9% annual percentage rate (compounded daily) is 10.4%.


What is the formula for calculating the effective annual rate (EAR) when using the annual percentage rate (APR)?

The formula for calculating the effective annual rate (EAR) when using the annual percentage rate (APR) is: EAR (1 (APR/n))n - 1 Where: EAR is the effective annual rate APR is the annual percentage rate n is the number of compounding periods per year


How the annual percentage rate measures the true cost of a loan?

how the annual percentage rate measures the true cost of a loan


How can I calculate the monthly percentage rate for a loan or investment?

To calculate the monthly percentage rate for a loan or investment, you can use the formula: Monthly Percentage Rate (Annual Percentage Rate / 12). This formula divides the annual rate by 12 to determine the monthly rate.


What is the quarterly interest rate if the annual percentage rate is 7 with monthly compounding?

The quarterly interest rate with monthly compounding for an annual percentage rate of 7 is approximately 1.75.


What is the definition of an APR?

Annual Percentage Rate.