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If your credit card says 29% interest compounded daily, what is the effective interest rate? a. 30.9% O b. 30.0% O C. 33.6% O d.

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If your credit card says 29% interest compounded daily, what is the effective interest rate? a. 30.9% O b. 30.0% O C. 33.6% O d. 33.2% Low interest rates can increase demand for stocks and therefore have a direct impact on stock prices. Select one: O True O False

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