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10) You charged $1,000 on your credit card for Christmas presents. Your credit card company charges you 20% annual interest, compounded monthly. If you make
10) You charged $1,000 on your credit card for Christmas presents. Your credit card company charges you 20% annual interest, compounded monthly. If you make the minimum payments of $30 per month, how long will it take (to the nearest month) to pay off your balance?
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Quality Audits For Improved Performance
Authors: Dennis R. Arter
3rd Edition
0873895703, 978-0873895705
