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You are the owner of a credit card that calculates interest based on 1,7% APR, compounded monthly. This month your outstanding balance is $8877 (the

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You are the owner of a credit card that calculates interest based on 1,7% APR, compounded monthly. This month your outstanding balance is $8877 (the amount that you need to pay) and you skip payments for two months, what would be the total balance (the total amount that you need to pay) two months from now

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