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Question 17 5 pts Master Card and other credit card issuers must print the nominal anal rate (APR) on their monthly statements. If the APR

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Question 17 5 pts Master Card and other credit card issuers must print the nominal anal rate (APR) on their monthly statements. If the APR is stated as 23.35% but interest is composed monthly, what is the card's effective annual rate (EFFK)? Your answer should be between 16.82 and 29.74. rounded to 2 decina places with no special characters

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