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Roscoe's credit card has an APR of 13.59%, and it just changed its compounding period from daily to monthly. What will happen to the
Roscoe's credit card has an APR of 13.59%, and it just changed its compounding period from daily to monthly. What will happen to the effective interest rate charged to Roscoe? OA. It will decrease by about 0.8%. B. It will increase by about 0.8%. OC. It will decrease by about 0.08%. OD. It will increase by about 0.08%.
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