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help. An oil company wants to drop the effective rate of interest on its credit card by 3.2%. If it currently charges a periodic rate

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An oil company wants to drop the effective rate of interest on its credit card by 3.2%. If it currently charges a periodic rate of 1.80% per month, at what amount should it set the periodic rate? (C.Co not round intermediate calculations and round your final answer to 2 decimal places.) The periodic rate % per month

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