Monthly growth rate annualized
Convert a Monthly Interest Rate to Annual. To calculate monthly interest from APR or annual interest, simply multiply the interest for the month by 12. If you paid $6.70 in interest per month, your annual interest is $80.40. For the sake of argument, let's say that the annual rate is 12%. What is the corresponding monthly rate and how do I compute that? I'm assuming it's not as simple as 1%, and there is some compound Determining annual inflation rate from bimonthly cpi growth rate? 2. Calculating an annual inflation rate from monthly data. 7.