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What is the Effective Annual Rate (EAR) on a credit card that has an APR of 23,75%, with monthly payments? O a. 25.10% b.22.849 O

What is the Effective Annual Rate (EAR) on a credit card that has an APR of 23,75%, with monthly payments? O a. 25.10% b.22.849 O c. 26.51% O d. 30.33% O e 24.06%

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