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The Corner Bank is offering Taylor a credit card with an APR of 1 7 percent. The bank compounds the interest rate on a monthly
The Corner Bank is offering Taylor a credit card with an APR of percent. The bank compounds the interest rate on a monthly basis. What is the effective annual rate for this card?
The Corner Bank is offering Taylor a credit card with an APR of percent. The bank compounds the interest rate on a monthly basis. What is the effective annual rate for this card?
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