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Mathematics, 08.02.2022 06:40 XAINEE

Someone borrows $1000 from a credit card company. The credit card charges 16.99% interest every year, compounded monthly. If no payments are made, how much will this person owe after 5 years?

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Someone borrows $1000 from a credit card company. The credit card charges 16.99% interest every ye...
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