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nadezda [96]
3 years ago
7

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

Mathematics
1 answer:
Hatshy [7]3 years ago
3 0
On month -------- 10%
12 month ---------- x %
-------------------------------
 x = 12*10/1 = 12*10 = 120% 
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