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A Visa credit card issued through Saudi Holandi Bank carries an interest rate of 0.5% per month on the unpaid balance. Calculate the effective rate

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A Visa credit card issued through Saudi Holandi Bank carries an interest rate of 0.5% per month on the unpaid balance. Calculate the effective rate per semiannual period. And what If the card's interest rate is stated as 2.5% per quarter, find the effective semiannual and annual rates. A Visa credit card issued through Saudi Holandi Bank carries an interest rate of 2% per month on the unpaid balance. Calculate the effective rate per semiannual period. And what If the card's interest rate is stated as 10% per quarter, find the effective semiannual and annual rates. wwwwwwwww

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