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eBookSimon recently received a credit card with a 15% nominalinterest rate. With the card, he purchased an Apple iPhone 7 for$366.36. The minimum payment on

eBookSimon recently received a credit card with a 15% nominalinterest rate. With the card, he purchased an Apple iPhone 7 for$366.36. The minimum payment on the card is only $20 per month.A. If Si 2 answers

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