The effective interest rate on your credit card is 35 percent. What is the equivalent nominal interest

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The effective interest rate on your credit card is 35 percent. What is the equivalent nominal interest rate if interest compounds daily? (EFF)

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Personal Finance

ISBN: 978-0134724713

4th Canadian edition

Authors: Jeff Madura, Hardeep Singh Gill

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Question Posted: May 23, 2019 10:10 AM

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The effective interest rate on your credit card is 35 percent. What is the equivalent nominal interest

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Personal Finance

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