thank you for your help.

problem is Convert the credit card rate to the APR. Oregon, 2 1/4% per month

2.25 * 12 = ______APR

thank you very much Ms. Sue it is greatly appreciated.

You're very welcome, Mary Ann.

To convert a credit card rate to the Annual Percentage Rate (APR), you need to multiply the monthly rate by 12. Here's how you do it:

Step 1: Convert the monthly rate to a decimal
In this case, the credit card rate is 2 1/4% or 2.25%. To convert it to a decimal, divide it by 100:
2.25% ÷ 100 = 0.0225

Step 2: Multiply the monthly rate by 12 to get the Annual Percentage Rate (APR)
Now that you have the monthly rate as a decimal, multiply it by 12 to get the APR:
0.0225 x 12 = 0.27

Step 3: Convert the APR to a percentage
To express the APR as a percentage, multiply it by 100:
0.27 x 100 = 27%

So, the APR for a credit card with a rate of 2 1/4% per month in Oregon is 27%.

Remember that this is a simplified calculation and doesn't take into account other factors such as compounding or fees. It's always a good idea to consult your credit card provider or seek professional advice for accurate and detailed calculations.