A credit card company wants your business. If you accept their offer and use their card, they will deposit 11 % of your monetary transactions into a savings account that will earn a guaranteed 55 % per year. If your annual transactions total an average of $20 comma 00020,000 , how much will you have in this savings plan after 1515 years?
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Home » Business » A credit card company wants your business. If you accept their offer and use their card, they will deposit 11 % of your monetary transactions into a savings account that will earn a guaranteed 55 % per year.