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Mathematics, 12.04.2021 21:20 rbgrh9465

Rrent John has a credit card with a 17% APR and a balance of $4,000. With his currei aths. monthly payment, John will be able to pay off the credit card in a mere 14 months.
O to
But when John's car breaks down, he is forced to charge an additional $1,400 to
she still his credit card. How much will John's new minimum monthly payment be? By how
much will his monthly payment increase?

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Answers: 2

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