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What is the APR on a credit card if you pay 1.6% a month? A. 17.50% B. 19.20% C. 16.00% D. 16.60% E. 14.77% What
| What is the APR on a credit card if you pay 1.6% a month? | |
| A. | 17.50% |
| B. | 19.20% |
| C. | 16.00% |
| D. | 16.60% |
| E. | 14.77% |
| What is the effective annual rate (EAR) on your credit card from question #2? | |
| A. | 18.50% |
| B. | 17.56% |
| C. | 17.79% |
| D. | 20.98% |
| E. | 15.60% |
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R In Finance And Economics A Beginners Guide
Authors: Abhay Kumar Singh, David Edmund Allen
1st Edition
9813144467, 978-9813144460
