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cupoosta [38]
3 years ago
15

A credit card had an APR of 25.67% all of last year and compounded interest daily. What was the credit card's effective interest

rate last year? A. 29.25% B. 28.25% C. 27.32% D. 28.92%
Mathematics
1 answer:
dimulka [17.4K]3 years ago
7 0

Answer:

The answer is 29.25%.



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