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# how do you calculate months interest from a p r of 6.9 %

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Trying to calculate a months interest at a apr of 6.9 how do you do this need help please anyone no how to do this .

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Someone will be along to give you a formula, but I use this calculator...

http://www.stoozing.com/mon2yr.htm
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(((1.069) ^ (1/12)) - 1) * 100 = 0.5576% per month
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