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Cash flow diagram 15 - PowerPoint PPT Presentation

HW 2

HW 2. 1. You have accumulated $4,400 in credit card debt. Your credit card rate is 8.5% APR and you are charged interest every month on the unpaid balance on your account. How much interest must you pay every month, assuming the balance remains unchanged? $31.17

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Cash flow diagram 15 - PowerPoint PPT Presentation

HW 2