How much money can she save by using her line of credit

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Problem: Jingyi has a personal line of credit at her bank at a simple interest rate 0f 34.900%. How much money can she save by using her line of credit to pay the supplier the discounted amount instead of waiting to pay the full amount later?

Reference no: EM133664061

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How much money can she save by using her line of credit : How much money can she save by using her line of credit to pay the supplier the discounted amount instead of waiting to pay the full amount later?

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