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Title: Your credit card has a quoted rate of 18.5% compounded daily. What is the effective annual rate? ...
Post by: yosie on Mar 3, 2024
Your credit card has a quoted rate of 18.5% compounded daily. What is the effective annual rate? (Assume 360 days a year.)

▸ 66.60%

▸ 18.50%

▸ 51.39%

▸ 20.32%


Title: Re: Your credit card has a quoted rate of 18.5% compounded daily. What is the effective annual rate? ...
Post by: bryrdan on Mar 3, 2024
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