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frez [133]
3 years ago
12

You pay for a $500 purchase using a credit card. The credit card company charges a 24% interest rate, compounded monthly ,on the

unpaid balance. How much will you owe after 3 months? Assume you don't make any payments during this time.
Mathematics
1 answer:
mezya [45]3 years ago
3 0

Answer:

530.60 for interest on 3 months you don't make any payments

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