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OpenStudy (anonymous):
Ken owes $6,451 on a credit card with an 18.6% interest rate compounded monthly. What is the monthly payment he should make in order to pay off this debt in 12 months, assuming he does not charge any more purchases with the card? $112.24 $593.27 $1,377.78 $537.58
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OpenStudy (anonymous):
b
OpenStudy (anonymous):
B is correct
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