cvalentine1857 cvalentine1857

18-01-2024
Physics

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Eileen, who is currently paying 5875 per year in finance charges to her credit card company, wants a car that costs $12,000. How long would it have taken Eileen to save for the outright purchase of the car if she did not have any credit card debt and used the interest payments to save for the purchase of the car?

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