Sagot :
at_explanation_text_math
For example, a 6% APR paid monthly would be divided into twelve 0.5% payments.
6
÷
12
=
0.5
A 4% annual rate paid quarterly would be divided into four 1% payments.
4
÷
4
=
1
at_explanation_text_math
For example, a 6% APR paid monthly would be divided into twelve 0.5% payments.
6
÷
12
=
0.5
A 4% annual rate paid quarterly would be divided into four 1% payments.
4
÷
4
=
1