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STEP 0: Pre-Calculation Summary

Formula Used

annual_percentage_rate = Monthly Periodic Rate*12APR = MPR*12

This formula uses 1 Variables

Variables Used

Monthly Periodic Rate- The monthly periodic rate is the charge that is applied or recorded at monthly intervals.STEP 1: Convert Input(s) to Base Unit

Monthly Periodic Rate: 1 --> No Conversion Required

STEP 2: Evaluate Formula

Substituting Input Values in Formula

APR = MPR*12 --> 1*12

Evaluating ... ...

APR = 12STEP 3: Convert Result to Output's Unit

12 --> No Conversion Required

FINAL ANSWER

12 <-- Annual Percentage Rate (APR)

(Calculation completed in 00.016 seconds)
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Percentage of Annual Average Consumption by Goodrich Formula

annual_percentage_rate = (180*(time in days)^(-0.10))
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annual_percentage_rate = Monthly Periodic Rate*12

APR = MPR*12

APR = MPR*12

Annual Percentage Rate calculator uses *annual_percentage_rate = Monthly Periodic Rate*12* to calculate the Annual Percentage Rate (APR), The annual percentage rate is the annual rate charged for borrowing or earned through an investment. Annual Percentage Rate (APR) and is denoted by **APR** symbol.

How to calculate Annual Percentage Rate using this online calculator? To use this online calculator for Annual Percentage Rate, enter Monthly Periodic Rate **(MPR)** and hit the calculate button. Here is how the Annual Percentage Rate calculation can be explained with given input values -> **12 = 1*12**.

What is Annual Percentage Rate?

The annual percentage rate is the annual rate charged for borrowing or earned through an investment and is represented as **APR = MPR*12** or *annual_percentage_rate = Monthly Periodic Rate*12*. The monthly periodic rate is the charge that is applied or recorded at monthly intervals.

How to calculate Annual Percentage Rate?

The annual percentage rate is the annual rate charged for borrowing or earned through an investment is calculated using *annual_percentage_rate = Monthly Periodic Rate*12*. To calculate Annual Percentage Rate, you need Monthly Periodic Rate **(MPR)**. With our tool, you need to enter the respective value for Monthly Periodic Rate and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well.

How many ways are there to calculate Annual Percentage Rate (APR)?

In this formula, Annual Percentage Rate (APR) uses Monthly Periodic Rate. We can use 1 other way(s) to calculate the same, which is/are as follows -

- annual_percentage_rate = (180*(time in days)^(-0.10))