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Mathematics, 08.11.2020 06:40 naynay4evr

you finance a $12,000 condo renovation completely on credit and you will just pay the minimum payment each month for the next few months. The APR is 18.99% and the minimum payment each month is 5% of the balance. Determine the finance charge, carry-over balance, and minimum payment required for each of the next two months, and the starting balance for month 2 in the table below.

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you finance a $12,000 condo renovation completely on credit and you will just pay the minimum paymen...
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