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31 Page 9. You received a pre-approved credit card from Magourty Bank, LLC. The bank quoted APR is 18%. Monthly payments are required. What is
31 Page 9. You received a pre-approved credit card from Magourty Bank, LLC. The bank quoted APR is 18%. Monthly payments are required. What is the actual interest rate you are paying on such a credit card per month? What is the EAR (effective annual rate) (5points)
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Ethics In Finance
Authors: John R. Boatright
3rd Edition
1118615824, 978-1118615829
