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10. Your credit card company advertises a monthly interest rate of 1.5%. What is the APR on your credit card? Is this different from the

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10. Your credit card company advertises a monthly interest rate of 1.5%. What is the APR on your credit card? Is this different from the EAR? If so, what is the EAR on your credit card? 11 An investment had a nominal return of 8.2 percent last year. The inflation rate was 2.1 percent. What was the real return on the investment

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