Mathematics, 05.09.2020 01:01 annadson4589

Suppose you have a credit card debt of $4000. Last month the bank charged you $40 interest on the debt. The solution to the equation $40 \ = \frac{4000}{12}$
r represents the annual interest rale, r, on the credit card. Find the annual interest rate on the credit card.

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Suppose you have a credit card debt of $4000. Last month the bank charged you $40 interest on the de...