Your credit card company charges you 1.85 percent interest every two weeks: What is the annual percentage

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Your credit card company charges you 1.85 percent interest every two weeks:

What is the annual percentage rate on your account?

APR = %

What is the effective annual rate on your account?

EAR = %

Related Book For answer-question

Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

ISBN: 978-1337614689

9th edition

Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw

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Posted Date: Jun 08, 2023 03:23 AM

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Your credit card company charges you 1.85 percent interest every two weeks: What is the annual percentage

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Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

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