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4 You are paying an effective annual rate of 15.00 percent on your credit card. The Interest is compounded monthly. What is the annual percentage

4 You are paying an effective annual rate of 15.00 percent on your credit card. The Interest is compounded monthly. What is the annual percentage rate on your account? O 13.25 percent 12.44 percent 15.00 percent 16.90 percent 14.06 percent

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