Question: 10 points Save A You have applied for a new credit card with an APR or 14.90%. If interest is charged monthly, what is

10 points Save A You have applied for a new credit card

10 points Save A You have applied for a new credit card with an APR or 14.90%. If interest is charged monthly, what is the card's EAR? Submit your answer as a percentage and round to two decimal places (Ex. 0.00%).

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