Carmella Mcateer
Saturday, August 13, 2011
The effective annual rate of credit cards help!!?
Since accounts for credit cards are payable monthly, the effective annual interest is not the nominal rate stated in the conditions. So, how would I work out the effective annual rate?
No comments:
Post a Comment
Newer Post
Older Post
Home
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment