You owe $2,500 on a credit card. The annual interest rate is 29.9% and you can only afford the minimum monthly payment of $75.00. How much will you owe at the end of three years (at the end of the 36th month)
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1 Answer

1. yu oe 2,500$

2. yu pae 29.9% on it

3. yu pae 75$/month for 3 yeers

after 3 yeers yu oe 1,772.99$
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