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An oilcompany wants to drop the effective rate of interest on its creditcard by 3.9%. If it currently charges a periodic rate of 2.15% permonth.
An oilcompany wants to drop the effective rate of interest on its creditcard by 3.9%. If it currently charges a periodic rate of 2.15% permonth. at what amount should it set the periodic rate? 2 answers
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International Money and Finance
Authors: Michael Melvin, Stefan C. Norrbin
8th edition
978-8131234136, 123852471, 978-0123852472
