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Mathematics, 13.05.2021 20:40 saamiahs

1) Kris buys new softball equipment for $1,500 The purchase made is with a credit card that has a 20% APR.
Kris makes a $100 payment monthly. How many months
will it take Kris to pay off the balance? (Use the formula
below for help).
– log (1 - () G)
N=
log (1 + )
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