Problem
Golden Engineering is a small firm with a cash flow problem. The owner is planning on putting the monthly travel costs of $4000 on his corporate credit card. If the nominal interest rate is 18%, what does he owe after 4 months? Assume charges become effective at the end of the month.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.