A credit card issuer charges an APR of 14.84%, and its billing cycle is 30 days long. What is it's periodic interest rate?

asked May 26, 2018 108k views

2 votes

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4 votes

1.22% just took it on Apex

Jacek J answered May 27, 2018

5.9k points

3 votes

1.22% is the answer because i took the test and this is the right answer

Alex Alexeev answered Jun 1, 2018

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