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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

Answer:

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

Step-by-step explanation:

APEX

Answer:

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

Step-by-step explanation:

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