A credit card charges interest at a rate of 21% per year, compounded monthly.If a senior in
college charges her last tuition bill of $4500 and intends to pay it 3 years later (after she gets a
high-paying engineering job), how much will she have to pay?

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The Answer of A credit card charges interest at a rate of 21% per year, compounded monthly.If a senior in
college charges her last tuition bill of $4500 and intends to pay it 3 years later (after she gets a
high-paying engineering job), how much will she have to pay?

A Credit Card Charges Interest at a Rate of 21