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Mathematics, 20.01.2021 20:00 allisonlillian
Emma notices that since her credit card balance compounds monthly, she is charged more than 15% of her initial loan amount in interest each year. She wants to know how much she would pay if the card were compounded annually at a rate of 15%. Which expression could Emma use to evaluate her balance with an annual compounding interest rate?
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Emma notices that since her credit card balance compounds monthly, she is charged more than 15% of h...
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