What is the effective annual rate for an APR of 12 percent
compounded monthly?
.1186
.1268
.10
.12
What is the effective annual rate for an APR of 12 percent compounded monthly? .1186 .1268 .10 .12
-
answerhappygod
- Site Admin
- Posts: 899604
- Joined: Mon Aug 02, 2021 8:13 am
What is the effective annual rate for an APR of 12 percent compounded monthly? .1186 .1268 .10 .12
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!