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10-11-2020
Business

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Jason has a Visa credit card and the Annual Percentage Rate is 18%, what is the rate he will be charged interest on per month?

A . 1.5%
B . 1%
C . 1.8%
D . 18%

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alyssa21500 alyssa21500

10-11-2020

Answer:

a. 1.5%

Explanation:

18% for 12 mo

18%/12 mo

1.5%/mo

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