PrisonKing6588 PrisonKing6588

22-08-2020
Business

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Your credit card company charges you 1.43 percent per month. What is the APR on your credit card?

Respuesta :

22-08-2020

Answer:

APR is 17.16 percent

Explanation:

APR means annual percentage rate and is calculated annually.

APR = 1.43 percent * 12 months = 17.16 percent

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