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Mathematics, 20.11.2020 08:20 shatj960

Many credit card companies charge a compound interest rate of 1.8% per month on a credit card balance. Miriam owes $550 on a credit card. If she
makes no purchases or payments, she will go more and more into debt.
Which of the following sequences describes her increasing monthly balance?

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Answers: 3

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Many credit card companies charge a compound interest rate of 1.8% per month on a credit card balan...

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