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Please help me with this problem! Mario opens a store credit card when he purchases new carpeting. The interest rate is 20.45%. He charges $3,240 to the card, and can pay $1,150…

Please help me with this problem! Mario opens a store credit card when he purchases new carpeting. The interest rate is 20.45%. He charges $3,240 to the card, and can pay $1,150…
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Please help me with this problem!

Mario opens a store credit card when he purchases new carpeting. The interest rate is 20.45%. He charges $3,240 to the card, and can pay $1,150 per month. What will the total cost of his purchase be?

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User Liath
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1 Answer

5 votes
2 x $1150 + $1049.34 = $3,349.34.
answered
User Protector One
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7.9k points
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