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Mathematics, 03.02.2020 04:05 Dweath50

Grants credit card has an apr of 11.28%, and it just compounding period from monthly to daily. what will happen to the effective interest rate charged to grant?

a. it will increase by about 0.06%

b. it will decrease by about 0.6%

c. it will increase by about 0.6%

d. it will decrease by about 0.06%

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Answers: 3

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Grants credit card has an apr of 11.28%, and it just compounding period from monthly to daily. what...
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