Question

Bart opened a credit card at a department store with an APR of 19.99% compounded monthly. What is the APY on this credit card? (2 points)
a
39.989
b
26.8196
C С
21.93%
d
1.67%

Answer 1

\(\color{#0cbb34}{\text{Originally Posted by}}\) @carmelle
\(\color{#0cbb34}{\text{Originally Posted by}}\) @makaylab
c
\(\color{#0cbb34}{\text{End of Quote}}\)
how do u know its C?
\(\color{#0cbb34}{\text{End of Quote}}\)
because it is closer to 19.99

Answer 2

Remember u have to explain how u got the answer. We can't give direct answers.

Answer 3

i know

Answer 4

Then why did u give a direct answer