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QUESTION 15 Master Card and other credit card issuers must by law print the Annual Percentage Rate (APR) on their monthly statements. If the APR

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QUESTION 15 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 15.00%, with interest paid monthly, what is the card's EFF%? Oa: 16,08% 0.16.40% c. 16,72 0.15.91% e 12.00% QUESTION 16 0

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