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Please get back to me soon. Master Card and other credit card issuers must by law print the Annual Percentage Rate (APR) on their monthly
Please get back to me soon.
Master Card and other credit card issuers must by law print the Annual Percentage Rate (APR) on their monthly statements. If the APR is stated to be 20.59%, with interest paid monthly, what is the card's EFF%? O 18.58% 19.56% 20.54% 21.57% 22.65% Suppose the U.S. Treasury offers to sell you a bond for $3,436.84. No payments will be made until the bond matures 10 years from now, at which time it will be redeemed for $5,000. What interest rate would you earn if you bought this bond at the offer price? O 3.82% 0 4.25% O 4.72% O 5.24% O 5.77%
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