Susan pays 11% annual interest on her Visa card. She has a balance of $2,200. What is the effective annual interest if no payment is made? Do not include fees and associated penalties
interest is 11%
balance is $2,200 which is after interest of 11% is deducted.
what is 100%
payment made is ~ $2471.91
continuation of above
effective anual interest is payment made- balance
kindly best me
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