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You have $5,000 on a credit card that charges a 23% interest rate. If you want to pay off the credit card in 4 years,
You have $5,000 on a credit card that charges a 23% 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)?
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Options Futures And Other Derivatives
Authors: John C. Hull
7th Edition
0136015867, 9780136015864
