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Mathematics, 10.12.2021 05:50 AJRo
Edgar accumulated $4,000 in credit card debt. If the interest rate is 50% per year and he does not make any payments for 5 years, how much will he owe on this debt in 5 years for quarterly compounding? Round your answer to the nearest cent.
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Edgar accumulated $4,000 in credit card debt. If the interest rate is 50% per year and he does not m...
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