Mathematics, 12.12.2020 16:40 231agoad

Larry loves music. He bought $285 worth of music using his credit card, and now he cannot afford to pay off his debt. If the credit card company charges him 18% annual interest compounded monthly, how does Larry’s debt grow as time passes? (What is the multiplier?). How much would he owe for the original $285 at the end of the year if he had made no payments to his credit card? Write an equation

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