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The amount of credit card debt that you have can be estimated by the equation where D is credit card debt in dollars m months after you start paying off the credit card. a. Find and interpret the D- intercept for this equation. b. Find and interpret the m -intercept for this equation. c. Find and interpret the slope for this equation.
Unlimited Liability
A legal obligation in business where owners are personally responsible for all debts of the business, extending to their personal assets.
Limited Liability
A legal structure that protects business owners' personal assets from company debts and liabilities.
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