A $1000 credit card debt was to be repaid in 12 months. If $1500 was repaid, what

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A $1000 credit card debt was to be repaid in 12 months. If $1500 was repaid, what was the nominal rate compounded daily that was charged?

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Contemporary Business Mathematics with Canadian Applications

ISBN: 978-0133052312

10th edition

Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs

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Question Posted: Feb 26, 2016 03:51 AM

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A $1000 credit card debt was to be repaid in 12 months. If $1500 was repaid, what

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PV 100000 FV 150000 n 12 12 365 365 C Y 365 150000 10...View the full answer

Contemporary Business Mathematics with Canadian Applications

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