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Mathematics, 22.11.2020 18:10 adaakbulut9

Seth is trying to pay off his credit card. He plans to pay it off in 24 months. Interest on the card is compounded monthly at a fixed annual rate of 11.6%. Seth currently has a balance of $18,875 on his credit card. Use the formula for the sum of a finite geometric series to determine Seth’s approximate monthly payment.


Seth is trying to pay off his credit card. He plans to pay it off in 24 months. Interest on the car

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Seth is trying to pay off his credit card. He plans to pay it off in 24 months. Interest on the card...
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