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Mathematics, 02.02.2020 17:01 CatelynBGray

Gretchen just got a new credit card that offers an introductory apr of 4.8% for the first 4 months and a standard apr of 15.6% thereafter. if interest is compounded monthly, what is the periodic interest rate during the first 4 months?

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Gretchen just got a new credit card that offers an introductory apr of 4.8% for the first 4 months a...
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