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If your credit card balance is 1000 AHD and you have to pay it back with equal payments over the next 12 months. The credit

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If your credit card balance is 1000 AHD and you have to pay it back with equal payments over the next 12 months. The credit card APR is 18% per year compounded monthly. Compute the following Total interest and principle paid over the first 3 months What is the interest amount and principle amount in the third payment If the interest rate changed after the 5^th payment to 24%. What will be the new monthly payment

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