Question
N6 You are interested in purchasing a used bass guitar at a cost of593.57, and you want to put it on a credit card. The
N6
You are interested in purchasing a used bass guitar at a cost of593.57, and you want to put it on a credit card. The card's interest rate is19.2%nominal, annual (compounded daily) and you won't have enough funds to pay back the purchase for 19 weeks. If you pay nicthing for 19 weeks, how much would you owe (total)?
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Microeconomics
Authors: Paul Krugman, Robin Wells
5th edition
1319098780, 1319098789, 978-1319098780
