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Mathematics, 09.12.2020 04:50 bryce59

Suppose Sandra makes credit card purchase for $4,000 that compounds interest daily. The APR is 3%. How much interest is earned on Sandra’s card after 1 year if Sandra makes no payments? (Use the formula below for help).


Suppose Sandra makes credit card purchase for $4,000 that compounds interest daily. The APR is 3%.

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