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A credit card company charges and APR of 18%: however.they compound your interest daily. What is the APY.or the true rate that you are paying?

A credit card company charges and APR of 18%: however.they compound your interest daily. What is the APY.or the "true rate" that you are paying? A. 18.36% B. 19.72% C. 19.56% D. 21.81%

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