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Mathematics 46 Online
OpenStudy (anonymous):

How would i do this? For a certain credit card, the total amount, A ,that a customer owes is given by the following formula. In the formula, P is the starting balance and n is the number of months of debt, assuming interest is compounded monthly. Suppose you begin with a credit card debt of $1000. After one year, you will owe $ _______. A=P(1.015)^n

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