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Please show solution via excel. Let's say that your company is looking at credit cards to issue for expenses. They never want to pay more

Please show solution via excel.

Let's say that your company is looking at credit cards to issue for expenses. They never want to pay more than 11.4% effective rate per year and the credit card company offers two variations.

What would be the APR (Nominal rate per year) if the card compounds every week? What would be the APR (Nominal rate per year) if the card compounds every 6 months?

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