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ABC credit card quotes you a rate of 17.9% compounded monthly. On the other hand, XYZ credit card quotes you a rate of 18.9% compounded
ABC credit card quotes you a rate of 17.9% compounded monthly. On the other hand, XYZ credit card quotes you a rate of 18.9% compounded quarterly. You should accept the card from __________ because _____for ABC is ____, and for XYZ is ______. Answer is ABC; EAR; 19.44%; 20.28%.
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