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MEDAL & FAN!!! You have a balance of $10,000 for your tuition on your American Express credit card. Assume that you make no more charges on the card. Also assume that American Express charges 12% APR and that each month you make only the minimum payment of 4% of the balance. Find that formula for the balance after t monthly payments.
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I hope it helps
Hello
I don't think that's what I'm looking for, lol.
It should be a formula.
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