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$5,000 Question 17 (1 point) A credit card advertises a 15% APR with monthly compounding, what is the EAY of this account? 12.50% 15.11% 16.07%

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$5,000 Question 17 (1 point) A credit card advertises a 15% APR with monthly compounding, what is the EAY of this account? 12.50% 15.11% 16.07% 35.02% Question 18 (1 point) Saved Willie Corp. earned $4.00 per share last year. It paid out $2.50 in dividend and invested the other $1.50. What is Willie Corp's retention rate? 15.0% 25.0%

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