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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. 27.3…
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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. 27.3…
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Nov 28, 2017
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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%
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Coomie
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Answer:
A. 29.25
Explanation:
took the test
Amod Gokhale
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Nov 30, 2017
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Amod Gokhale
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Answer:
The answer is 29.25%.
Bmueller
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Dec 2, 2017
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