Mathematics, 27.01.2021 01:00 myaxo
Many credit card companies charge a compound interest rate of 1.8% per
month on a credit card balance. Miriam owes $750 on a credit card. If she
makes no purchases or payments, she will go more and more into debt.
Which of the following sequences describes her increasing monthly balance?
O A. 750.00, 763.50, 777.44,791.83, 806.68, ...
B. 750.00,885.00,1,044.30,1,132.27, 1,354.08, ...
C. 750.00, 750.18, 750.36, 750.54, 750.72, ...
D. 750.00, 885.00,1,044.30, 1,232.27, 1,454.08,...
E. 750.00, 763.50, 777.24, 791.23, 805.48, ...
Answers: 2
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Many credit card companies charge a compound interest rate of 1.8% per
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