If you have a balance of $1,000 on your credit card, and the interest rate is 17¾% a year, in order to pay off the $1,000 in 5 years, you wi

Question

If you have a balance of $1,000 on your credit card, and the interest rate is 17¾% a year, in order to pay off the $1,000 in 5 years, you will have to make minimum payments of $25.26 a month. How much will the $1,000 loan cost you in interest?

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Isabelle 3 weeks 2021-09-22T01:43:54+00:00 2 Answers 0

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    0
    2021-09-22T01:44:56+00:00

    Answer:

    $540.54

    Step-by-step explanation:

    0
    2021-09-22T01:45:30+00:00

    Answer:

    iokllllllllllllllllllllllllllllllllllllllllllllStep-by-step explanation:

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45:7+7-4:2-5:5*4+35:2 =? ( )