Question
Represent this situation with a table, graph and an equation. Sarah thinks she has a good deal on her credit card interest, which is 19%
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Represent this situation with a table, graph and an equation.
Sarah thinks she has a good deal on her credit card interest, which is 19% annually, compounded monthly. That means she pays 1.5% per month on her remaining balance. She keeps a running balance of $2000. Make a table (with at least four entries) and write an equation to represent what she will owe m months from now.
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Step: 1
Heres a table showing Sarahs credit card balance for the fi...
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Business Law Today The Essentials
Authors: Roger LeRoy Miller, Gaylord A. Jentz
9th Edition
9780324786156, 324786344, 324786158, 9780324786347, 978-0324786156
