ou have $5,000 on a credit card that charges 16% interest rate. If you want to pay off the credit card in 4 years, how much will you need to pay each month (assuming you don’t charge anything to the new card
ou have $5,000 on a credit card that charges 16% interest rate. If you want to pay off the credit card in 4 years, how much will you need to pay each month (assuming you don’t charge anything to the new card
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.53TI: Eduardo noticed that his new car loan papers stated that with a 7.5% simple interest rate, he would...
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You have $5,000 on a credit card that charges 16% interest rate. If you want to pay off the credit card in 4 years, how much will you need to pay each month (assuming you don’t charge anything to the new card)?
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