Business, 15.01.2022 21:50, JadedylaneH6980

You have just entered an MBA program and have decided to pay for your living expenses using a credit card that has no minimum monthly payment. You intend to charge $1000 per month on the card for the next 21 months. The card carries a monthly interest rate of 1%. How much money will you owe on the card 22 months from now, when you receive your first statement post-graduation

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You have just entered an MBA program and have decided to pay for your living expenses using a credit...