College

We appreciate your visit to Many credit card companies charge a compound interest rate of 1 8 per month on a credit card balance Miriam owes 750 on a credit. This page offers clear insights and highlights the essential aspects of the topic. Our goal is to provide a helpful and engaging learning experience. Explore the content and find the answers you need!

Many credit card companies charge a compound interest rate of 1.8% per month on a credit card balance. Miriam owes $750 on a credit card. If she makes no purchases or payments, she will go more and more into debt.

Which of the following sequences describes her increasing monthly balance?

Answer :

This could be incorrect but I got $416

Thanks for taking the time to read Many credit card companies charge a compound interest rate of 1 8 per month on a credit card balance Miriam owes 750 on a credit. We hope the insights shared have been valuable and enhanced your understanding of the topic. Don�t hesitate to browse our website for more informative and engaging content!

Rewritten by : Barada

Answer: 750.00, 763.50, 777.24, 791.23, 805.48

Step-by-step explanation: