Mathematics, 05.05.2021 02:40 BLASIANNkidd

You got your first credit card and went on a spending spree accumulating $5000 in personal debt. You finally read the fine print and find out the interest rate is 22% compounded daily. You forget about the bill and do not pay your balance for 5 years. How much do you owe the credit card company after 5 years? Round to two decimal places.

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You got your first credit card and went on a spending spree accumulating $5000 in personal debt. You...