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If the APR is stated to be 18% on your credit card statement what is the EFF? a. 19.56% b. 20.54% c. 21.57% d. 18.58%

If the APR is stated to be 18% on your credit card statement what is the EFF?

a. 19.56%

b. 20.54%

c. 21.57%

d. 18.58%

e. 22.65%

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