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What will the total cost of the purchase be

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Problem 1: Nadia uses a credit card with a 17.8% APR, compounded monthly, to pay for a hotel stay totaling $613.47. She can pay $250 per month on the card. What will the total cost of this purchase be?

A. $722.67

B. $613.47

C. $743.47

D. $630.00

Reference no: EM132739810

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