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If the APR on a credit card is 15.9%, what is the daily percentage rate (DPR)?
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Jan 15, 2024
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If the APR on a credit card is 15.9%, what is the daily percentage rate (DPR)?
Mathematics
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Afo B
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The daily percentage rate (DPR) for a credit card with an Annual Percentage Rate (APR) of 15.9% is 0.0437%. This is calculated by dividing the APR by 365, which is the number of days in a year.
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Jan 19, 2024
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