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You are paylng an EAR of 16.78 percent on your credit card. The Interest is compounded monthly. What is the annual percentage rate on this

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You are paylng an EAR of 16.78 percent on your credit card. The Interest is compounded monthly. What is the annual percentage rate on this account? Multiple Cholce 15.61 percent 14.98 percent 15.75 percent 16.35 percent

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