Question: incorrect Question 2 0 / 4 pts Master Card and other credit card issuers must by law print the Annual Percentage Rate (APR) on their

incorrect Question 2 0 / 4 pts Master Card and other credit card issuers must by law print the Annual Percentage Rate (APR) on their statements. If the APR is stated to be 20%, with interest compounded daily (365 days in a year), what is the card's effective annual interest rate? 22.1% 23.39 21% 21.4%

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