Question
A credit card company charges interest at 16 3/4 per year. Jan had an outstanding balance of $1868.75 on her credit card for 3 months.
A credit card company charges interest at 16 3/4 per year. Jan had an outstanding balance of $1868.75 on her credit card for 3 months. How much interest did Jan pay?
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Principles of Economics
Authors: N. Gregory Mankiw
8th edition
1305585127, 978-1305971493, 978-1337516860, 1337516864, 978-0357539200, 978-1305585126
