Nationwide International offers a special interest rate for those with high balance accounts. You can choose between an annual or monthly interest rate. For accounts with a balance of more than 25,000 pounds, the annual interest rate is 1.6%, while the monthly interest rate is 1.5%.
divide annual salary by 24. That will give you twice monthly pay.
$639.90
operating income vefore interest and income taxes / annual interest expense
2.15% Apex
1.5% monthly
1.5% monthly
0.67 percent
Assuming 6.5% refers to the annual interest rate, the monthly interest is 111.04 approx.
1.75%
14.4%
1 3/4%
22.8 or 22.80
22.8 or 22.80
It is 0.833... recurring % if the interest is simple, or compounded annually. If compounded monthly, it is approx 0.797 %
Let i = annual rate of interest. Then i' = ((1+i )^(1/12))-1 Where i' = monthly rate of interest
1.5 or 1.50