Mathematics, 16.12.2020 06:40, faithmccarroll3939

Assume that you have a balance of $3400 on your MasterCard and that you make no more charges. Assume that MasterCard charges 12% APR and that each month you make only the minimum payment of 5% of the balance. What will the balance be after 8 years? (Round your answer to the nearest cent.)
$

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Assume that you have a balance of $3400 on your MasterCard and that you make no more charges. Assume...