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Showing posts with label annual interest rate. Show all posts
Showing posts with label annual interest rate. Show all posts
Wednesday, July 7, 2021

You have just purchased a car from Friendly Sam. The selling price of the car is $6,500. If you pay $500 down

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You have just purchased a car from Friendly Sam. The selling price of the car is $6,500. If you pay $500 down, then your monthly payments ar...

You have a credit card with a balance of $18,000. The annual interest rate on the card is 18% compounded monthly

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You have a credit card with a balance of $18,000. The annual interest rate on the card is 18% compounded monthly, and the minimum payment is...
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