SOLUTION: Convert the credit card rate to the APR. Oregon, 1 3/ 4% per month

SOLUTION: Convert the credit card rate to the APR. Oregon, 1 3/ 4% per month

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Question 941405: Convert the credit card rate to the APR.
Oregon, 1 3/ 4% per month

Answer by Alan3354(69443) (Show Source): You can put this solution on YOUR website!
1.75*12 = 21%
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If it's compounded monthly:
1.0175^12 =~ 1.2314 --> 23%
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You can get a better rate from the mafia.
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