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Convert a nominal rate of interest (compounded monthly) to an annual percentage rate.
The nominal rate of interest applied.
Note: These calculations are only for illustrative purposes and are not a substitute for professional advice.
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The Federation of Small Businesses (FSB) has proposed a set of pro-growth measures to some of the UK's leading regulators.
The UK economy grew for the first time in three months, driven in part by a boost in trade for pubs and restaurants, according to the Office for National Statistics (ONS).