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American Express and other creait card issuers must by law print the Annual Percentage Rate (APR) on their monthly statements. If the APR is stafed

American Express and other creait card issuers must by law print the Annual Percentage Rate (APR) on their monthly statements. If the APR is stafed to be 16.75*, with interest pald monthly, what is the cardis 1 Frese? Select the correct answer. a. 21.00sin b. 18.10% c. 12.30W d. 23.90W e. 26.80%

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