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Law Incorporation [45]
3 years ago
7

Your credit card company charges you 1.43 percent per month. What is the APR on your credit card?

Business
1 answer:
dsp733 years ago
3 0

Answer:

APR is 17.16 percent

Explanation:

APR means annual percentage rate and is calculated annually.

APR = 1.43 percent * 12 months = 17.16 percent

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