Jays credit card had an apt of 16.53% all of last year, and interest was compounded periodically throughout the year. Which of these statements accurately describes the effective interest rate of jays credit card last year?
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Home » Mathematics » Jays credit card had an apt of 16.53% all of last year, and interest was compounded periodically throughout the year. Which of these statements accurately describes the effective interest rate of jays credit card last year?