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On your 18th birthday you receive your first credit card (WOO HOO!!). You decide to go all out and charge a $3000 vacation on it. The credit card charges an interest rate of 23% compounded monthly. How
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On your 18th birthday you receive your first credit card (WOO HOO!!). You decide to go all out and charge a $3000 vacation on it. The credit card charges an interest rate of 23% compounded monthly. How much will you owe if you don’t make payments for 1 year?

User Asami
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I dont get this sorry
User Zheng Zhongqi
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