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08-04-2020
Mathematics

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Persevere in Problem Solving Christopher is thinking about charging a $2000 computer on his credit card at an interest rate of 21% He realizes that if he takes m months to pay off this debt, he will have paid just over twice the original price. What is the value of m?

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meetmarksman meetmarksman

13-04-2020

Answer:

5 months is the answer. 21% of 2000 is 420 and 420x5=2100 which added up is $4,100 dollars and that is just over double the original amount.

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