Question
John Doe just figured out that the effective rate that he is being charged on his credit card is 20.73%. He is currently making monthly
John Doe just figured out that the effective rate that he is being charged on his credit card is 20.73%. He is currently making monthly payments. If the outstanding balance on his credit card is $6,725, then the APR on the card is
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Practical financial management
Authors: William r. Lasher
5th Edition
0324422636, 978-0324422634
