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Incorrect 0/4 pts Question 9 Master Card and other credit card issuers must by law print the Annual Percentage Rate (APR) on their statements. If

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Incorrect 0/4 pts Question 9 Master Card and other credit card issuers must by law print the Annual Percentage Rate (APR) on their statements. If the APR is stated to be 20%, with interest compounded daily (365 days in a year), what is the card's effective annual interest rate? 23.3% 21% 21.4% 22.1%

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