Suppose a person has a total credit card debt of $1,500 that has a 7 % yearly interest rate. This person also has a savings account with that pays 2 % interest per year. Despite the net loss, the person keeps both. Calculate how many times the person appreciates the $1 of savings more than $1 of credit card debt if the person relates similarly to bo percent paid and received. Enter your answer in the box below and round to two decimal places if necessary.

Suppose a person has a total credit card debt of $1,500 that has a 7 % yearly interest rate. This person also has a savings account with that pays 2 % interest per year. Despite the net loss, the person keeps both. Calculate how many times the person appreciates the $1 of savings more than $1 of credit card debt if the person relates similarly to bo percent paid and received. Enter your answer in the box below and round to two decimal places if necessary.

Name: Suppose a person has a total credit card debt of $1,500 that has a 7
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Description: Suppose a person has a total credit card debt of $1,500 that has a 7 % yearly interest rate. This person also has a savings account with S2,500that pays 2 % interest per year. Despite the net loss, the person keeps both.Calculate how many times the

Algebra for College Students

10th Edition

ISBN:9781285195780

Author:Jerome E. Kaufmann, Karen L. Schwitters

Publisher:Jerome E. Kaufmann, Karen L. Schwitters

Chapter8: Functions

Section8.7: Direct And Inverse Variation

Problem 36PS

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