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Convert the following credit card rate to the APR. Nebraska, 0.03562% daily rate. (Round your answer to the nearest whole number.)
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Convert the following credit card rate to the APR. Nebraska, 0.03562% daily rate. (Round your answer to the nearest whole
Top answer:
APR = 0.03562%/day + 365days/yr =
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convert the following credit card rate to the APR. nebraska, 0.03562% daily rate? Round to the nearest whole number
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APR = 0.03562%/day * 365day/yr = 13.00%
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Convert the following credit card rate to the APR. Nebraska, 0.04110% daily rate. (Round your answer to the nearest whole
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let the annual rate be i 1+i = 1.000411^365 1+i = 1.1618 i = .1618 = 16.18% or 16% to the nearest
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Convert the following credit card rate to the APR. Nebraska, 0.02192% daily rate. (Round your answer to the nearest whole
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To convert the daily rate to APR, we need to multiply the daily rate by the number of days in a
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Convert the following credit card rate to the APR. Nebraska, 0.04110% daily rate. (Round your answer to the nearest whole
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APR = 0.04110%/day * 365days = 15%. NOTE: In some cases, 360days/yr is used.
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Rank the credit cards from best to worst from a borrower's perspective based on the APR: Credit Card A – 10% APR Credit Card B
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Credit Card C, Credit Card A, Credit Card B, and Credit Card D
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Rank the credit cards from best to worst from a borrower's perspective based on the APR: Credit Card A – 10% APR Credit Card B
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Round any decimals to the nearest penny.
Secured Unsecured Credit APR APR Excellent 4.75% 5.50% Good 5.00% 5.90% Average 5.85%
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Rank the credit çards from best to worse from a borrowers perspective based on APR:
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The ranking from best to worst based on APR is: c. credit card D, credit card B, credit card A,
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