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

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A credit card has an effective annual rate of 12.9 percent and charges interest monthly. The annual percentage rate on this account: is less than 12.9 percent. is greater than 12.9 percent. can either be greater than or equal to 12.9 percent. Which one of the following has the highest annual percentage rate? 0.8 percent each quarter 1.4 percent every 6 month 0.25 percent each month

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