Jacki plans to pay for the down payment of a new car with her credit card. The annual interest rate for her credit card is 17%. The following expression represents the balance of the credit card, in dollars, after t years.
2,250 (1.17) ^t
Write an exponential expression in the form (b) c that reveals the monthly interest rate of Jacki's credit card. Round any decimals to the nearest thousandth.
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