Mathematics, 25.11.2021 08:20 halohero7
There is a $1500 carry-over balance on a credit card with a 19.99% APR and a minimum payment of 6% of the new balance each month.
Assume only the minimum payment is made and no additional payments are made each month. (All questions in this assignment are based on this information.)
What is the finance charge this first month?
Answers: 3
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There is a $1500 carry-over balance on a credit card with a 19.99% APR and a minimum payment of 6% o...
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