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Q3) You currently owe $2,626 to your credit card that charges an annual interest rate of 16.00%. You make $134 of new charges every month

Q3) You currently owe $2,626 to your credit card that charges an annual interest rate of 16.00%. You make $134 of new charges every month and make a payment of $161 every month. What will your credit card balance be in three months?

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