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Question 6 2.5 pts You have a credit card with a balance of $1,000. The rate is 12%, compounded monthly. You don t add anything

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Question 6 2.5 pts You have a credit card with a balance of $1,000. The rate is 12%, compounded monthly. You don t add anything to the card and just keep paying the minimum payment due each month. The credit card company wants you to carry the balance as long as possible. How much should they bill you for the minimum payment each month? 25 O 20 O 12 O 10

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