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Amy borrows 6000 from her credit card account at a nominal interest rate of 20% per ear convertible monthly. two months later, she pays 2,000
Amy borrows 6000 from her credit card account at a nominal interest rate of 20% per ear convertible monthly. two months later, she pays 2,000 back. four months the payment she borrow 1000. how much does she owe one year after the loan is taken out?
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