You discover that you need a new laptop that costs $3,000. You charge the laptop to your

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You discover that you need a new laptop that costs $3,000. You charge the laptop to your credit card which charges a 13% annual interest rate. If you make no payments on the credit card for 8 years,

how much will you owe on the card? Assume annual compounding. (Round to nearest penny, e.g. 1234.56

Related Book For answer-question

Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: May 02, 2023 07:37 AM

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Income Tax Fundamentals 2013

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