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Financing Word Problem - HELP!

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2 Answers

First when you see that 17% compounded daily rate, we must convert it to a rate more usable:
(1+(.17/365))^14   is the interest factor that we can use.
so to piece it all together:
1550*(1+(.17/365))^14=FV [of cc debt it 2 weeks (14 days)]