Mathematics, 08.10.2020 02:01 chjam265
Use a calculator to see what would happen if you used a credit card to pay the minimum monthly payment. Calculate using the following information: Cost of computer (balance): $600 Annual percentage rate (APR): 12.9% Total duration of payments: 2 years Use the simple interest formula: A = (P)(r)(t) If you make only the minimum payment each month, what will the total cost of the computer be?
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