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QUESTION 5 Assume that you have a bulunce of $4500 on your Visa credit card and that you make no more charges. Assume that Visa

QUESTION 5 Assume that you have a bulunce of $4500 on your Visa credit card and that you make no more charges. Assume that Visa charges 21% APR and that each month you make only the minimum payment of 2.5% of the balance What will the balance be after 2 years? Sunswer) (Round your answer to 2 decimal places)

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