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Q3) You currently owe $3,640 to your credit card that charges an annual interest rate of 21.00%. You make $199 of new charges every month
Q3) You currently owe $3,640 to your credit card that charges an annual interest rate of 21.00%. You make $199 of new charges every month and make a payment of $225 every month. What will your credit card balance be in three months?
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