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OpenStudy (anonymous):
You are a college freshman and have a credit card. You immediately purchase a television set for $1200. Your credit limit is $2000. Let’s assume that you make no payments and purchase nothing more and there are no other fees. The monthly interest rate is 1.12%
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OpenStudy (anonymous):
What is the problem asking?
OpenStudy (rbrecht):
$1,200 is the answer.
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