queenjade2614
queenjade2614
06.05.2020 • 
Mathematics

Jillian has $\$2,\!000$ in credit card debt. Every month, she pays $\$200$ to the credit card company at the beginning of the month, the credit card company applies a $2\%$ monthly interest rate to the balance at the end of the month, and her balance is always rounded to the nearest cent. After the end of five months, what is her ending balance after interest?

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