Your Credit Card Has An Effective Rate Of 30 You Can Pay Off Your Credit Card Debt In 14 Months By Paying 500 Each Mo 1 (11.28 KiB) Viewed 15 times
Your Credit Card Has An Effective Rate Of 30 You Can Pay Off Your Credit Card Debt In 14 Months By Paying 500 Each Mo 2 (11.63 KiB) Viewed 15 times
Your credit card has an EFFECTIVE rate of 30%. You can pay off your credit card debt in 14 months by paying $500 each month. What is the current balance on your credit card?
Starting today, you invest $100 at the beginning of each month into stocks that are expected to earn 12% per year. How much will your investment be worth in 40 years?
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