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shepherd shepherd
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8 years ago
Suppose you have a credit card balance of $500 that you were unable to pay off. During the current month you purchase another $250 worth of products. You made a payment during the grace period of $300. Assuming your retail credit card company charges an annual interest rate of 22%, compute your new balance.
A) $450      B) $250      C) $294      D) $494
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Personal Finance

Personal Finance


Edition: 5th
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tityltityl
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shepherd Author
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#2
8 years ago
Thank you, this is brilliant Smiling Face with Open Mouth
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#3
8 years ago
My pleasure
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