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OpenStudy (anonymous):
A credit card had an APR of 15.21% all of last year and compounded interest daily. What was the credit card's effective interest rate last year? A. 16.42% B. 15.21% C. 11.64% D. 16.32%
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OpenStudy (e.cociuba):
I'm going with A.)
OpenStudy (e.cociuba):
Was it rite?
OpenStudy (anonymous):
yes
OpenStudy (e.cociuba):
k
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