The first person to get this right I will give brainlliest Suppose that you find the annual interest rate for a car loan is 12.6%. Since you want to know how much your monthly payments will be, you need to divide 12.6% by 12. You place 12.6% in cell B3. What would this formula look like? here is examples

=B2*B3/1200

Explanation:

Assuming the loan amount is in cell B2,

The annual interest would be B2*B3/100.

Dividing that by 12 to get the month amount, you get =B2*B3/1200

i.e., the 1200 takes care of the percent (divide by 100) and the 12 months (divide by 12) all in one go.

answerpixels;

the benefits of raising bc’s minimum wage to $15 through a

series of pre-announced staged increases far outweigh the likely

costs. claims that such an increase will lead to massive job losses

in low-wage sectors of the economy are not credible.

• an increase to $15 would result in some job losses. however,

the likely impact is less than a 1 per cent reduction in the overall

provincial employment rate, and a 7.6 per cent reduction in the

employment rate for those currently making between $10.25

and $15 per hour.

• the large job loss impacts predicted by some opponents of

minimum wages misrepresent the existing economic research. in

reading and using that research, it is important to recognize that

estimates showing job loss effects of minimum wage increases

apply only to teenagers. estimated effects for young adult and

adult workers range from insignificant to non-existent.

• focusing on teenage workers plays up an inaccurate stereotype

about who earns very low wages in bc and leads to exaggerated

claims about job losses. only 26 per cent of those currently making

between $10.25 and $12 are teenagers, and only 5 per cent

of those making between $12 and $15 are teenagers.