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Homework answers / question archive / You currently owe $2851 to your credit card that charges an annual interest rate of 22%

You currently owe $2851 to your credit card that charges an annual interest rate of 22%

Finance

You currently owe $2851 to your credit card that charges an annual interest rate of 22%. You make $128 of new charges every month and make a payment of $205 every month. What will the credit card balance be in 3 months?

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