Mathematics, 02.03.2021 03:10 sduquesnay23ocesdcom

Assume that you have a balance of $3000 on your Discover credit card and that you make no more charges. Assume that Discover charges 15% APR and that each month you make only the minimum payment of 2% of the balance. Find a formula for the remaining balance B after t monthly payments.

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Assume that you have a balance of $3000 on your Discover credit card and that you make no more charg...

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