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paying? Remember to show all work for each step from setting up formulas to final result to receive credit. (5 points) 11. Your credit

paying? Remember to show all work for each step from setting up formulas to final result to receive credit. (5 points) 11. Your credit card company quotes you a rate of 17.9 %. Interest is billed monthly. What is the actual rate of interest you are a. 17.90% b. 18.18% c. 19.42 % d. 20.72 %

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