Question
Your paycheck was just deposited and you noticed that had overdrawn your bank account 12 days ago. Your account was overdrawn by $168 and have
Your paycheck was just deposited and you noticed that had overdrawn your bank account 12 days ago. Your account was overdrawn by $168 and have been charged an overdraft fee of $22. What is the Effective Annual Rate? Convert to a percent and round to 2 decimal places.
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Principles of managerial finance
Authors: Lawrence J Gitman, Chad J Zutter
12th edition
9780321524133, 132479540, 321524136, 978-0132479547
