What is the effective interest rate charged by visa

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Question: What is the effective interest rate charged by Visa if the nominal rate is 21.99% and it is compounded daily. Don't use symbols and put your answer as a number with 2 decimal places - i.e. if your answer is 17.55%, enter 17.55 in the space provided, don't put .1755.

Reference no: EM131969484

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