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OpenStudy (anonymous):
Suzy uses a credit card to buy a $2,000 LCD T.V. at 18% interest. If the interest is compounded monthly, and she makes no payments, how much will end up owing after 2 years? (when does this type of thing happen?)
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OpenStudy (dumbcow):
B = 2000(1+.18/12)^24
OpenStudy (anonymous):
ty
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