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Thom owes $5,200 on his credit card. The credit card carries an APR of 174 percent compounded monthly. If Thom makes monthly payments of $175
Thom owes $5,200 on his credit card. The credit card carries an APR of 174 percent compounded monthly. If Thom makes monthly payments of $175 per month how long will it take for him to pay off the credit card assuming that he makes no additional charges? Multiple Choice 3915 months 42.16 months 11 34 months 29.71 months
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Consolidated Financial Reporting
Authors: Paul Taylor
1st Edition
1853962503, 9781853962509
