Master card and other credit card issuers must by law print, Ask an Expert

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Master Card and other credit card issuers must by law print the Annual Percentage Rate (APR) on their monthly statements. If the APR is stated to be 19.83%, with interest paid monthly, what is the card's EFF%? State your answer as a percentage to 2 decimal places

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91771961

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