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Mathematics, 18.11.2019 18:31 irvinbhangal2

Tell us how much you're losing in this example:

you're really good at investing and you have $1,500 in your investment account.

you make 8.5% interest a year on your investment account!

for a year you owe $1,600 on a credit card.

you pay 19% interest a year on this credit card debt.

answer these questions:

how much money are you making on your investment in a year?

$

how much money are you paying in interest in a year on your card?

$

what's your total gain/loss that year?

$ enter a negative value for a loss.


Tell us how much you're losing in this example:  you're really good at investing a

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Answers: 3

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