Answered: Amanda’s credit card APR is 19.77%…

Amanda’s credit card APR is 19.77% compounded daily. What is her actual interest rate per year? 21.15% 21.85% 20.98% 19.77%

Calculus: Early Transcendentals

8th Edition

ISBN:9781285741550

Author:James Stewart

Publisher:James Stewart

Chapter1: Functions And Models

Section: Chapter Questions

Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...

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Question

Amanda’s credit card APR is 19.77% compounded daily. What is her actual interest rate per year?

		21.15%
		21.85%
		20.98%
		19.77%

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