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Suppose the interest rate on your credit card is 16% compounded quarterly and you currently owe $2000 on it. If you dont make any payments

Suppose the interest rate on your credit card is 16% compounded quarterly and you currently owe $2000 on it. If you dont make any payments for 3 years, how much will you owe in 3 years?

Question 11 options:

3152-3162

3162-3172

3172-3182

3182-3192

None of the above

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