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ow Instructions Question 6 4 pts Suppose your credit card issuer states that it charges a 19.50% nominal annual rate, but you must make monthly

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ow Instructions Question 6 4 pts Suppose your credit card issuer states that it charges a 19.50% nominal annual rate, but you must make monthly payments, which amounts to monthly compounding. What is the effective annual rate? 24.12% 19.21% 021.34% 19.85% 19.42% s Previous Next h sereen with appihonoriock.com

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