Mathematics, 21.01.2021 14:00 foxesforlife45
How would the situation change if the interest on Emma's credit card were compounded annually rather than monthly, and she didn't make any payments toward the balance?
After 4 years, Emma would owe approximately $___ for her original purchase of $300.
It would take around
years for her balance to increase from $300 to $450.
( options for first blank:
A. 480
B. 525
C. 435
D. 545 )
( options for second blank:
E.) 3.1
F.) 2.5
G.) 2.9
H.) 2.7 )
Answers: 3
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How would the situation change if the interest on Emma's credit card were compounded annually rather...
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