Suppose your credit card issuer states that it charges a 17.00% nominal annual rate, but you must make monthly payments, which amounts to
monthly compounding. what is the effective annual rate?
select the correct answer,
a. 18.19%
b. 17.99%
c. 18.39%
d. 18.79%
e. 18.59%

There are a total sales of 2,000 dollars on monday on tuesday sales dropped 10% on wednesday sales dropped another 20% compared with tuesday from wednesday to thursday sales increases by an equal amount to 25% of monday total sales what is the net change in dollars on total sales from monday to tuesday