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Peter Griffin has a $30,000 credit card debt. APR is 24% (compounded daily). As you understood from the video, Peter is not going to pay

Peter Griffin has a $30,000 credit card debt. APR is 24% (compounded daily). As you understood from the video, Peter is not going to pay the debt back. However, to prevent the debt growth, he should pay interest. How much interest in $ will Peter pay over a year?





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