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A savings account earns compound interest at 1.5% per month.
Calculate the equivalent annual rate of interest
rebelmaths
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England schools
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England university
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Scotland schools
Taxonomy: mathcentre
Taxonomy: Kind of activity
Taxonomy: Context
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From users who are members of Julie's workspace :
Julie Crowley
|
said | Ready to use | 8 years, 11 months ago |
History
Julie Crowley 8 years, 11 months ago
Gave some feedback: Ready to use
Julie Crowley 9 years ago
Created this as a copy of AER.| Name | Status | Author | Last Modified | |
|---|---|---|---|---|
| AER | Ready to use | Julie Crowley | 07/10/2016 21:37 | |
| APR | Ready to use | Julie Crowley | 07/10/2016 21:37 | |
| Simon's copy of AER | draft | Simon Thomas | 30/05/2019 09:33 | |
| Simon's copy of AER | draft | Simon Thomas | 30/05/2019 15:19 | |
| Simon's copy of APR | draft | Simon Thomas | 30/05/2019 15:20 | |
| APR | draft | Xiaodan Leng | 11/07/2019 05:27 |
There are 6 other versions that do you not have access to.
| Name | Type | Generated Value |
|---|
| perc | number |
1.5
|
||||
| apr2 | number |
1.0614
|
||||
| int | number |
0.015
|
||||
| perc2 | number |
6.14
|
||||
| apr | number |
0.0614
|
Generated value: number
1.5
→ Used by:
- int
This variable doesn't seem to be used anywhere.
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This question is used in the following exams:
- STAT6011 All by Julie Crowley in STAT6011 Statistics and Financial Mathematics for Business.
- STAT6011 Financial Maths by Julie Crowley in STAT6011 Statistics and Financial Mathematics for Business.
- Financial Maths by Deirdre Casey in Deirdre's workspace.
- STAT6011 Assessment 3 Semester 2 2019 Extra time by Catherine Palmer in STAT6011 Statistics and Financial Mathematics for Business.
- STAT6011 Assessment 3 Semester 2 2019 by Catherine Palmer in STAT6011 Statistics and Financial Mathematics for Business.
- STAT6011 Tutorial 3 Semester 2 by Julie Crowley in STAT6011 Statistics and Financial Mathematics for Business.
- STAT6011 Assessment 4 Semester 2 by Catherine Palmer in STAT6011 Statistics and Financial Mathematics for Business.
- STAT6011 Assessment 4 Semester 2 Extra Time by Catherine Palmer in STAT6011 Statistics and Financial Mathematics for Business.
- Workshop 6 - Practice Exercises by Bobby Kahlon in Bobby's workspace.