Roscoe s credit card has an APR of 13 59 and it just changed its...

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Roscoe s credit card has an APR of 13 59 and it just changed its compounding period from daily to monthly What will happen to the effective interest rate charged to Roscoe OA It will decrease by about 0 8 OB It will increase by about 0 8 OC It will decrease by about 0 08 OD It will increase by about 0 08

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