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11 October, 17:22

John maintains an average monthly balance on his credit card of about $1800. His credit card company charges 21% annual interest. How much is he spending on credit card interest per month? Per year?

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  1. 11 October, 20:50
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    17064 is how much he has in the year minus the interest. 4536 interest a year and 378 per month
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