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Business, 28.04.2021 19:30 reycaden

Assume that Louisa carried an average balance of $1,000 from her credit card purchases over the past year. The A. P.R. on her credit card for the past year was 19.9%. Approximately how much interest would Louisa have paid over the course of the year? (Hint: Interest = APR/100 * Balance)

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