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Mathematics, 11.06.2020 10:57 ticklepink05

A credit card had an APR of 15.98% all of last year, and compounded interest daily. What was the credit card's effective interest rate last year? A.

17.32%

B.

17.20%

C.

16.96%

D.

16.62%

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Answers: 2

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A credit card had an APR of 15.98% all of last year, and compounded interest daily. What was the cre...
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