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Cassie is financing a 2 400 treadmill She is going to use her credit card...

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Algebra

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Cassie is financing a 2 400 treadmill She is going to use her credit card for the purchase Her card charges 17 5 interest compounded monthly She is not required to make minimum monthly payments Answer parts a through c below a How much will Cassie pay in interest if she waits a full year before paying the full balance Round to the nearest cent as needed

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Transcribed Image Text

Cassie is financing a 2 400 treadmill She is going to use her credit card for the purchase Her card charges 17 5 interest compounded monthly She is not required to make minimum monthly payments Answer parts a through c below a How much will Cassie pay in interest if she waits a full year before paying the full balance Round to the nearest cent as needed

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