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Mathematics, 26.06.2021 23:10 jjbossgt

A credit card has a nominal annual interest rate of 18%, and interest is compounded monthly. The cardholder uses the card to make a $30 purchase. Which expression represents the balance on the card after 5 years, in dollars, assuming no further charges or payments are made?

A credit card has a nominal annual interest rate of 18%, and interest is compounded monthly. The ca

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