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24 January, 19:32

A credit card issues chargers an APR of 19.66%, and it's billing cycle is 30 days long. What is its periodic interest rate?

A. 21.72%

B. 1.62%

C. 1.22%

D. 21.53%

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Answers (1)
  1. 24 January, 20:50
    0
    I believe the answer should be B
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