hannahlynn12304 hannahlynn12304

05-10-2022
Mathematics

Answered

Jake accumulated $8,000 in credit card debt. If the interest rate is 20% per year and he does not make any payments for 3 years, how much will he owe on this debt in 3 years with quarterly compounding?
Round your answer to the nearest cent.
Do NOT round until you calculate the final answer

Answer :

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