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You have a carryover balance of $968 on a credit card that has a 15.99% annual percentage rate (APR). You want to focus solely
You have a carryover balance of $968 on a credit card that has a 15.99% annual percentage rate (APR). You want to focus solely on paying off the credit card, so no new purchases are made and a payment of 8% of the ending balance is made each month. Complete the table below. Round each value to the nearest cent. Do not enter commas in any answers over $1000. Provide your answer below: Month Carryover Balance Finance Charge Ending Balance Payment 1 968 2 73.16
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Finite Mathematics For Business Economics Life Sciences And Social Sciences
Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker
14th Edition
0134862627, 9780134862620
