Question: $1,410.42 Question 7 (4 points) Your monthly statement from your bank credit card shows that the monthly rate of interest is 1.48%. What is the

 $1,410.42 Question 7 (4 points) Your monthly statement from your bank

$1,410.42 Question 7 (4 points) Your monthly statement from your bank credit card shows that the monthly rate of interest is 1.48%. What is the effective annual rate of interest you are being charged on your credit card? (Assume monthly compchanding.) 19.28% 17.76% 1.49% 12.33% Question 8 (4 points) You are given the information of firm A and B for their performance evaluation Fi B Sales 60 55 EAT 20 18

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