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MC Financlal wants to drop the effective rate of interest on its credit card by 3.06%. If it currently charges a periodic rate of 2.05%
MC Financlal wants to drop the effective rate of interest on its credit card by 3.06%. If it currently charges a periodic rate of 2.05% per month, to what amount should it change the periodic rate? (Do not round intermediate calculations and round your final answer to 2 decimal places.)
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Information Technology Auditing And Assurance
Authors: James A. Hall, Tommie Singleton
2nd Edition
0324191987, 978-0324191981
