What is annual percentage rate on your account

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Reference no: EM131357764

1. What is the future value of $1,210 a year for 7 years at a 9 percent rate of interest?

2. You are paying an effective annual rate of 14.20 percent on your credit card. The interest is compounded monthly. What is the annual percentage rate on your account?

Reference no: EM131357764

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