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On overdue accounts the telephone company charges 1.25% per month. What is the effective annual rate?

rventurec

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On overdue accounts the telephone company charges 1.25% per month. What is the effective annual rate?

On overdue accounts the telephone company charges 1.25% per month. What is the effective annual rate?

▸ 17.92%

▸ 17.55%

▸ 16.33%

▸ 16.08%

▸ 15.00%

Textbook

Business Mathematics in Canada

Business Mathematics in Canada

Edition: 11^th

Authors: Jerome, Worswick

Read 30 times

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shanelljac204

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Thank you, thank you, thank you!

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