Your credit card charges an interest rate of 2 per month
Your credit card charges an interest rate of 2% per month. You have a current balance of $1000, and want to pay it off. Suppose you can afford to pay off $100 per month. What will your balance be at the end of one year?
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if a portfolio had a return of 15 the risk-free asset return was 5 and the standard deviation of the portfolios excess
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your credit card charges an interest rate of 2 per month you have a current balance of 1000 and want to pay it off
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