Answer:
Apr= 12%
Step-by-step explanation:
The Apr represents the annual percentage rate. Since there are 12 months in a year, the monthly percentage rate is the annual percentage rate divided by 12. Monthly percentage rate= Apr/Number of months a year = 12%/12= 1&.
Therefore, your answer is 1&.
To be honest, these days you can get answers from anywhere, make sure they're the right answers before using them.
