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2- Simon recently received a credit card with an 25.25% nominal interest rate. With the card, he purchased an Apple iPhone 6 for $401.71. The
2- Simon recently received a credit card with an 25.25% nominal interest rate. With the card, he purchased an Apple iPhone 6 for $401.71. The minimum payment on the card is only $10 per month.
c) How much more in total payments will Layla make under the $10-a-month plan than under the $35-a- month plan? Make sure you use three decimal places for N.
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