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30 March, 01:31

Maggie uses a credit card with a 17.4% APR compounded monthly to pay for car repairs totaling $843.12. She can pay $330 per month on the card. What will the total cost of this purchase be?

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  1. 30 March, 01:56
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    843.12 * (1+0.174) ^ (12) - 330*12

    =1,819.72
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