I need formula in excel please: Thank you You are deciding between three credit cards:...
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| I need formula in excel please: Thank you You are deciding between three credit cards: | |||||||
| Credit card 1 has an APR of 19% and compounds monthly. | |||||||
| Credit card 2 has an APR of 19% but compounds weekly. | |||||||
| Credit card 3 has an APR of 18.9% and compounds daily. | |||||||
| Rank the three cards on the basis of their EAIR. | |||||||
| Which credit card would you choose? | |||||||
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