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What is the effective rate of interest on credit card

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Reference no: EM132828300

What is the effective rate of interest on your credit card if you are being charged 24.5% compounded daily?

Your 2½-year investment of $5,750 just matured for $6,364.09. What weekly compounded rate of interest did you earn?

Vienna just paid $9,567.31 for an investment earning 5.26% compounded semi-annually that will mature for $25,000. What is the term of the investment?

Reference no: EM132828300

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