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You owe 2000 dollars on your credit card which has an interest rate of 18% per year compounded monthly. If you plan to pay it
- You owe 2000 dollars on your credit card which has an interest rate of 18% per year compounded monthly. If you plan to pay it off in 4 years, what are your monthly payments?
2 decimals
- What are the total payments?
Round to nearest whole dollar.
- How much total interest is paid?
Nearest whole dollar.
- What is the unpaid balance after 1 year?
Round to nearest whole dollar.
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