Mathematics, 11.10.2020 09:01 fluffyunicorn59803

Jake accumulated $8,000 in credit card debt. If the interest rate is 20% per year and he does not make any payments for 3 years, how much will he owe on this debt in 3 years for quarterly compounding? Round your answer to two decimal places.

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Jake accumulated $8,000 in credit card debt. If the interest rate is 20% per year and he does not ma...

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