Thursday
April 17, 2014

Homework Help: Finance

Posted by Anonymous on Monday, April 15, 2013 at 9:30am.

Rick has a credit card that charges 19% interest compounded monthly. What is the true annual rate of interest for Rick's credit card?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Interest - Itís time to go shopping! You grab your Best Purchase credit card, ...
math - Mr. Chang and his wife together had an unpaid balance of $500 on their ...
finanance - 2. You charged $ 1,000 on your credit card for Christmas presents. ...
math 20 (finance) - Can someone walk me through how I would enter this into the ...
consumer math - 1. Which of the following is an advantage of using credit cards...
math - gayle has a credit card with $500 balance on it and a 19% interest rate. ...
com155 - Having a credit card could get someone into much trouble if it is not ...
grammar - i am having a hard time figuring out the adverbs and adjectives in my ...
Maths - Jasonís credit cardís beginning unpaid balance for August is $2,000. ...
math - Katie had an unpaid balance of $1,734.50 on her credit card statement at ...

Search
Members