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Bart opened a credit card at a department store with an APR of 19.99% compounded monthly. What is the APY on this credit card? (2 points) Group of answer choices A)39.98% B)26.8…

Bart opened a credit card at a department store with an APR of 19.99% compounded monthly. What is the APY on this credit card? (2 points) Group of answer choices A)39.98% B)26.8…
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Bart opened a credit card at a department store with an APR of 19.99% compounded monthly. What is the APY on this credit card? (2 points) Group of answer choices

A)39.98%
B)26.81%
C)21.93%
D) 1.67%

asked
User Dave Jackson
by
8.3k points

1 Answer

13 votes

Answer:

d 1.67% thats the answer

Explanation:

answered
User Ciph
by
8.0k points
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