Question 980961
You did not say anything about compounding periods...


The 10% rate would be cut into twelve equal parts to give for one month.


{{{(10/12)(1/100)}}}, the rate as A FRACTION.
{{{0.008333333333}}}, as the fraction.


The best that can be found using just the information you give is  {{{(0.00833333)(15632.16)=130.268}}}