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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16 December, 08:47

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Nylah Frost · Answer 1

C.) When interest compounds quarterly

When will APR of a credit card be equal to its APY?A.) When interest compounds dailyB.) When interest compounds monthlyC.) When interest compounds quarterlyD.) When interest compounds annually