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Ken wants a $ 1 , 0 0 0 TV / sound system. He can't afford that amount, so he uses a credit card with

Ken wants a $1,000 TV/sound system. He can't afford that amount, so he uses a credit card with 20% annual interest. If he only pays the interest on that credit card debt, about how much will he pay in interest in 4 years? Select one.

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