$480 a month. At 9 dollars an hour I would make $48 dollars a day pre tax, roughly $6 bucks an hour. at $15 I would make 96 a day pre tax. which is roughly $12 per hour. Any help on what rate I should mention would help...
If you get twice interest during a year , then it is per annum compounding interest. In per annum interest rate you will get specific rate of interest in a year for your investment. You have fixed deposit of $10,000 and you will get 15%interest per annum for 10 years. This how per annum interst works.
Example 1: A nominal interest rate of 6%/a compounded monthly is equivalent to an effective interest rate of 6.17%. Example 2: 6% annually is credited as 6%/12 = 0.5% every month. After one year, the initial capital is increased by the factor (1+0.005) 12 â 1.0617.