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j22 j22
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3 months ago
Many department stores charge 2.4% per month on overdue accounts. What is the effective annual rate in this situation?

▸ 26.8%

▸ 32.9%

▸ 25.6%

▸ 31.8%

▸ 28.8%
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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bhturnerbhturner
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3 months ago
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32.9%

1

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j22 Author
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3 months ago
This site is awesome
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Correct Slight Smile TY
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Smart ... Thanks!
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