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Dixies Markets offers credit to its customers and charges interest of 1.2 percent per month. What is the effective annual rate? 15.39 percent 14.61 percent
Dixies Markets offers credit to its customers and charges interest of 1.2 percent per month. What is the effective annual rate?
15.39 percent
14.61 percent
15.10 percent
15.51 percent
15.73 percent
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