nwogbo1964 nwogbo1964
  • 25-04-2024
  • Mathematics
Answered

Larry accumulated
$
3,000
in credit card debt. If the interest rate is
10
%
per year and he does not make any payments for
2
years, how much will he owe on this debt in
2
years with quarterly compounding?
Round your answer to the nearest cent.
Do NOT round until you calculate the final answer



Answer :

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