Mathematics, 01.09.2020 23:01 bm42400

Suppose you have a credit card debt of $4,000. Last month the bank charged you $40 interest on the debt. The solution to the equation 40= 4000/12r represents the annual interest rate (r) on the credit card. Find the annual interest rate on the credit card.

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Suppose you have a credit card debt of $4,000. Last month the bank charged you $40 interest on the d...

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