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If you could choose any of the following interest rates charges for your credit card which would you choose to give you the lowest cost?
If you could choose any of the following interest rates charges for your credit card which would you choose to give you the lowest cost? a. 14% compounded semi-annually b. 14% compound monthly c. 15% compounded annually d. 14% compounded quarterly
Can someone explain how to get the answer, it's "A"
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