kamokenzie kamokenzie

18-12-2019
Mathematics

contestada

A credit Card offers an APR of 15.83% and compounds interest daily. which is it most likely to advertise, it’s a APR or effective interest rate?

Respuesta :

DylanBrown31 DylanBrown31

19-12-2019

Answer:

Its APR, because it's 1.32% less than its effective interest rate.

Step-by-step explanation:

APEX

Answer Link

xtralogik12 xtralogik12

19-04-2021

Answer:

Its APR, because it's 1.32% less than its effective interest rate.

Step-by-step explanation:

Answer Link

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