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How to Calculate Interest Rate Per Annum | Sapling

How to Calculate Interest Rate Per Annum | Sapling

When you're taking out a loan, you want to make sure you're getting the lowest interest rate possible. Or, if you're going to be earning interest, you want to make sure you get the highest rate. However, interest rates may be listed using a different time period than annually such as 0.75 percent per month or 1.6 percent per quarter. To compare ...

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