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marishachu [46]
3 years ago
15

Credit card A offers an APR of 25.68% compounded monthly, while credit card B offers an APR of 25.32%, compounded daily. All els

e being equal, which card offers a better deal for the consumer?
Mathematics
2 answers:
ikadub [295]3 years ago
6 0
I believe that the correct answer choice would be B. Credit card A, because its effective interest rate is about 0.13% greater than that of credit card B.(I am not 100%, only like 80%.) (If I am wrong please do tell me, so that I can fix myself)
I hope this helps :)

Mama L [17]3 years ago
5 0

Answer:

Credit card B, because its effective interest rate is about 0.13% less than that of credit card A.



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