Mathematics, 13.01.2021 20:10 mimithurmond03

Emma notices that since her credit card balance compounds monthly, she is charged more than 15% of her initial loan amount in interest each year. She wants to know how much she would pay if the card were compounded annually at a
rate of 15%. Which expression could Emma use to evaluate her balance with an annual compounding interest rate?
O 300(1.15)
O 300(1.015)12t
O 300(1.0125)
O 300(1.15)12t

Emma notices that since her credit card balance compounds monthly, she is charged more than 15% of

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Emma notices that since her credit card balance compounds monthly, she is charged more than 15% of h...