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27 July, 13:57

Karen uses her credit card to purchase a new television for $695.20. She can pay off up to $325 per month. The card has an annual rate of 17.9% compounded monthly. How much will she pay in interest?

$6.28

$16.96

$20.44

$62.16

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Answers (1)
  1. 27 July, 14:20
    0
    The 2nd option is correct
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