Mathematics
Mathematics, 18.03.2021 19:20, savannabroyhill24

David owes $ 9 , 400 $9,400 on his credit card. The bank charges an annual interest rate of 12.6%, compounded monthly. If David wants to pay off his credit card using equal monthly payments over the next 20 months, what would the monthly payment be, to the nearest dollar?

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David owes $ 9 , 400 $9,400 on his credit card. The bank charges an annual interest rate of 12.6%, c...

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