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Mathematics, 07.02.2022 09:30 cahree
Suhaimi facing a credit card problem. He has a balance of RM9500 and just lost his job. The credit card company charges 18% of annual percentage rate (APR), compounded daily. Assume that the credit card company allows Suhaimi to suspend the payment until he gets a new job but the interest is still charged. If Suhaimi needs 1 year to get a new job, what is the amount of his credit card debt when he started his job?
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Suhaimi facing a credit card problem. He has a balance of RM9500 and just lost his job. The credit c...
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