Suppose your credit card has a balance of 3600 and an


Suppose your credit card has a balance of $ 3600 and an annual interest rate of 16.5%. You decide to pay off the balance over two years. If there are no further purchases charged to the card, how much must you pay each month. How much interest will you pay?

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Financial Management: Suppose your credit card has a balance of 3600 and an
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