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Mathematics, 03.04.2021 08:50 Camobarbie2367

Assume that you have a balance of $5500 on your Discover credit card and that you make no more charges. Assume that Discover charges 21% APR and that each month you make only the minimum payment of 2% of the balance. What will the balance be after 26 months? (Round your answer to the nearest cent.)

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