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3 years ago

13

A credit Card offers an APR of 15.83% and compounds interest daily. which is it most likely to advertise, it’s a APR or effectiv

e interest rate?

1 answer:

nignag [31]3 years ago

3 0

Answer:

Its APR, because it's 1.32% less than its effective interest rate.

Step-by-step explanation:

APEX

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