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7 votes
The average credit card rate for new users is nearly 15%. Suppose you buy a $120 pair of shoes

using a brand-new credit card. If you are not able to make any payments on your credit card,
how much money will you owe 4 years after you purchased the shoes?

User Cvaldemar
by
4.7k points

1 Answer

2 votes

Answer:

$480

Explanation:

User Fuzzygoat
by
4.9k points