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Mathematics, 13.06.2020 01:57 andrejr0330jr

Please help!! A credit card company advertises an APR of 12.2%, compounded daily. What
is the effective interest rate? Round your answer to two decimal places.
A. 12.97%
B. 12.59%
O C. 13.12%
D. 12.83%

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Answers: 3

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