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Business, 05.03.2020 02:38 jaylaa04

Your bank calculates the interest based on 12% APR on your credit card balance (monthly compounding). Suppose that your current outstanding balance is $2,000 and you skip payments for two months. What would be the total balance two months from now

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Your bank calculates the interest based on 12% APR on your credit card balance (monthly compounding)...

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