Mathematics, 03.02.2020 04:05 Dweath50
Grants credit card has an apr of 11.28%, and it just compounding period from monthly to daily. what will happen to the effective interest rate charged to grant?
a. it will increase by about 0.06%
b. it will decrease by about 0.6%
c. it will increase by about 0.6%
d. it will decrease by about 0.06%
Answers: 3
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Grants credit card has an apr of 11.28%, and it just compounding period from monthly to daily. what...
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