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A Credit Card Issuer Charges An Apr Of 19.66

A Credit Card Issuer Charges An Apr Of 19.66. A credit card issuer charges an apr of 19.66%, and its billing cycle is 30 days long. A credit card issues chargers an apr of 19.66%, and it's billing cycle is 30 days long.

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A credit card issuer charges an apr of 19.66%, and its billing cycle is 30 days long. A credit card issues chargers an apr of 19.66%, and it's billing cycle is 30 days long. What is its periodic interest rate?

Round Your Answer To The Nearest Hundredth Of.


A credit card issues chargers an apr of 19.66%, and it's billing cycle is 30 days long. What is its periodic interest rate? A credit card issuer charges an apr of 19.66%, and its billing cycle is 30 days long.

Apr = Annual Percentage Rate Billing Cycle = 30 Days Or Monthly = 12 Months/Year Periodic Interest Rate = Apr/Billing Cycle Periodic Interest Rate = 19.66%/Year / (12 Month/Year) =.


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