Question: show the work or formula you use for the question pleaese Two credit cards both state an APR of 18%. First National Bank's card charges

show the work or formula you use for the question pleaese

Two credit cards both state an APR of 18%. First National Bank's card charges 1.5% compounded monthly. First United Bank's card charges 9% compounded semiannually (twice a year). Given these APR's, what are the effective annual rates charged by these two credit cards

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