ery month. What is the APR?

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter4: Time Value Of Money
Section: Chapter Questions
Problem 22PROB
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4. If John Lewis offers its own credit card at the interest rate of 8%
every month. What is the APR?
Transcribed Image Text:4. If John Lewis offers its own credit card at the interest rate of 8% every month. What is the APR?
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