a credit card has an annual percentage rate of 12.9 percent and charges interest monthly. The effective annual rate on this account:

QUESTION 10 A credit card has an annual percentage rate of 12.9 perc O A can either be greater than or equal to 12.9 percent. O B. will be less than 12.9 percent. O C. will be greater than 12.9 percent. O D can either be less than or equal to 12.9 percent. O E. is 12.9 percent. QUESTION 11 The 7 percent annual coupon bonds of TPO, Inc. are selling What is the yicld to maturity? A 6.63 percent