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OpenStudy (anonymous):
Megan uses a credit card with a 24.9% APR compounded monthly to pay for car repairs totaling $583.75. She can pay $240 per month on the card. What will the total cost of this purchase be? $583.75 $729.10 $709.55 $605.80
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OpenStudy (anonymous):
$729.10
OpenStudy (anonymous):
thank you. what is the formula your using?
OpenStudy (anonymous):
Original amount + (tax rate * original amount)
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