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QUESTION 1 Your credit card company is charging you 18% APR with monthly compounding. What effective annual rate are you paying on your credit card

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QUESTION 1 Your credit card company is charging you 18% APR with monthly compounding. What effective annual rate are you paying on your credit card balance? 20.3296 O 19.5696 O 18.5696 O 1896 O 19.8696

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