When will APR of a credit card be equal to its APY? A.) When interest compounds daily B.) When interest compounds monthly C.) When interest compounds quarterly D.) When interest compounds annually

When will APR of a credit card be equal to its APY?

A.) When interest compounds daily
B.) When interest compounds monthly
C.) When interest compounds quarterly
D.) When interest compounds annually

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When will APR of a credit card be equal to its APY? A.) When interest compounds daily B.) When interest compounds monthly C.) When interest compounds quarterly D.) When interest…

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