document.write( "Question 997558: For each of the following accounts, determine the percent change per compounding period. Give your answer in both decimal and percentage form.
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document.write( "5% APR compounded monthly.\r
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document.write( "Please help, I have over 50 questions similar to this one, and do not understand how to do it! Explanation needed! \n" );
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Algebra.Com's Answer #615594 by Alan3354(69443)![]() ![]() You can put this solution on YOUR website! For each of the following accounts, determine the percent change per compounding period. Give your answer in both decimal and percentage form. \n" ); document.write( "5% APR compounded monthly. \n" ); document.write( "------------ \n" ); document.write( "5% per year --> 5/12% per month \n" ); document.write( "= 0.41666...% per month \n" ); document.write( " |