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A credit card issuser charges an APR of 10.82% and its billing cycle is 30 days long . what is its periodic interest rate

A credit card issuser charges an APR of 10.82% and its billing cycle is 30 days long . what is its periodic interest rate
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a credit card issuser charges an APR of 10.82% and its billing cycle is 30 days long . what is its periodic interest rate

User Blokkie
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1 Answer

4 votes
10.82×(30÷365)=0.89%
User Penartur
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