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You have $5,000 on a credit card that charges a 16% interest rate. If you want to pay off the credit card in 4
You have $5,000 on a credit card that charges a 16% interest rate. If you want to pay off the credit card in 4 years, how much will you need to pay each month (assuming you don't charge anything new to the card)? $ each month
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Quantitative Analysis for Management
Authors: Barry Render, Ralph M. Stair, Michael E. Hanna, Trevor S. Ha
12th edition
133507335, 978-0133507331
