Mathematics, 01.03.2021 19:00 LaughterLies
How would the situation change if the interest on Emma's credit card were compounded annually rather than monthly,
and she didn't make any payments toward the balance? Select the correct answer from each drop-down menu. After 4 years, Emma would be owe approximately $
525
435
545
480
for her original purchase of $300. It would take around
2.5
2.7
2.9
3.1
years for her balance to increase from $300 to $450.
Answers: 3
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How would the situation change if the interest on Emma's credit card were compounded annually rather...
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