9mfuzhi3yc 9mfuzhi3yc

22-11-2020
Mathematics

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The APR on my credit card is 16.8%. What is the monthly interest rate?

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tasnimah1 tasnimah1

22-11-2020

To find the monthly interest rate, simply divide the APR by 12. I think the monthly interest rate is 1.4%

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