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Question 4 (of 18) 4. You are paying an effective annual rate of 15.70 percent on your credit card. The interest is compounded monthly. What

Question 4 (of 18) 4. You are paying an effective annual rate of 15.70 percent on your credit card. The interest is compounded monthly. What is the annual percentage rate on your account? 14.67 percent O 18.21 percent O 12.98 percent O 15.70 percent 1392 percent

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