Mathematics, 22.11.2020 23:40 alliemmaddox

Edgar accumulated $5,000 in credit card debt. If the interest rate is 20% per year and he does not make any payments for 2 years, how much will he owe on this debt in 2 years for monthly compounding? Round your answer to two decimal places.

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Edgar accumulated $5,000 in credit card debt. If the interest rate is 20% per year and he does not m...

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