You are paying an effective annual rate of 18.974 percent on your credit card. The interest is

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You are paying an effective annual rate of 18.974 percent on your credit card. The interest is compounded monthly. What is the annual percentage rate on this account?

Posted Date: May 15, 2024 01:48 PM

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You are paying an effective annual rate of 18.974 percent on your credit card. The interest is

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To find the annual percentage rate APR on the credit card account when the interest is compounded mo... View the full answer

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