Question
You have $5,000 on a credit card that charges a 17% interest rate. If you want to pay off the credit card in 3 years,
You have $5,000 on a credit card that charges a 17% interest rate. If you want to pay off the credit card in 3 years, how much will you need to pay each month (assuming you don't charge anything new to the card)?
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Quantum Economics And Finance
Authors: David Orrell
3rd Edition
1916081630, 978-1916081635
