Question: [-/1 Points] DETAILS MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Assume that you have a balance of 5000 on your MasterCard and that you make

[-/1 Points] DETAILS MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Assume that you have a balance of 5000 on your MasterCard and that you make no more charges. Assume that MasterCard charges 12. APR and threach month you make only the minimum payment of 5% of the balance Find a formula for the balance B after t monthly payments cBook

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