Top Posters
Since Sunday
s
3
3
d
3
s
2
c
2
G
2
y
2
t
2
2
k
2
j
2
e
2
New Topic  
cng cng
wrote...
Posts: 158
Rep: 0 0
A year ago
A department store chain currently charges 18% compounded monthly on its credit card. To what amount should it set the monthly compounded annual rate if it wants to add 2% to the effective interest rate? Round to the nearest 0.01%.
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
Read 70 times
1 Reply
Replies
Answer verified by a subject expert
careytrancareytran
wrote...
Posts: 126
Rep: 0 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

cng Author
wrote...

A year ago
Correct Slight Smile TY
wrote...

Yesterday
Thanks
wrote...

2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1587 People Browsing
 115 Signed Up Today
Related Images
  
 162
  
 165
  
 249
Your Opinion
What's your favorite math subject?
Votes: 315