Business, 01.03.2021 21:50 Jasoncookies23
Today, you borrowed $12,200 on your credit card to purchase some furniture. The interest rate is 16.8 percent, compounded monthly. How long will it take you to pay off this debt assuming that you do not charge anything else and make regular monthly payments of $190?
a. 13.7 years
b. 15.2 years
c. 14.5 years
d. 16.9 years
Answers: 1
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Imagine you own an established startup with growing profits. you are looking for funding to greatly expand company operations. what method of financing would be best for you?
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The questions of economics address which of the following ? check all that apply
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Today, you borrowed $12,200 on your credit card to purchase some furniture. The interest rate is 16....
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