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joja [24]
3 years ago
10

Can someone help me to answer this question?

Mathematics
1 answer:
kolezko [41]3 years ago
5 0
I know how to do this first one.....
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Step-by-step explanation:

18% compounded monthly

vs

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#1 is worse than #2 because...

Since the nominal rates are the same, the card with the more frequent compounding so it would have the higher effective rat.

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