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17. The Corner Bank is offering you a credit card with an APR of 13 percent. interest rate on a monthly basis. What is the

17. The Corner Bank is offering you a credit card with an APR of 13 percent. interest rate on a monthly basis. What is the effective annual rate? The bank compounds the A. 12.68 percent B. 13.69 percent C. 13.80 percent D. 14.03 percent

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