Assume that you have a balance of $5500 on your Discover cr

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Assume that you have a balance of $5500 on your Discover credit… Assume that you have a balance of $5500 on your Discover credit card and that you make no more charges. Assume that Discover charges 21% APR and that each month you make only the minimum payment of 3% of the balance. What will the balance be after 32 months? (Round your answer to the nearest cent.) The answer isn’t – 3615.70 Math MAT 113

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