musicomario8328 musicomario8328
  • 21-04-2022
  • Business
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A credit card has an annual percentage rate of 12.9 percent and charges interest monthly. The effective annual rate on this account:

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aimanshahzadi73
aimanshahzadi73 aimanshahzadi73
  • 27-04-2022

Answer:

The effective annual rate on this account: will be greater than 12.9 percent.

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