The APR on your credit card is 19.5%. What is your monthly interest rate? Group of answer choices The monthly interest rate is 19.5%. Your APR is your monthly interest rate. Your monthly interest rate is 1.5%. You divide your APR by 52, then multiply your calculation by 4. You can't calculate your monthly interest rate. Your monthly interest rate is 1.625%. You divide your APR by 12.
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