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Mathematics

Answered

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Oscar has a $2,500 balance on his credit card that accumulates 14.5% interest compounded annually. Which of the following could be used to find the balance on the card after 5 years?

Answer :

Saxman65go Saxman65go

Answer:

35$

Step-by-step explanation:

It will take 10 years and 11 months to payoff the balance. The total interest is $2,574.43

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