Mathematics, 30.11.2020 18:00 AmbitiousAndProud

A bank credit card charges interest at the rate of 24% per year, compounded monthly. If a senior in college charges $1,500 to pay for college expenses, and intends to pay it in one ye what will he have to pay? (Round your answer to the nearest cent.)

$

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A bank credit card charges interest at the rate of 24% per year, compounded monthly. If a senior in...