Use estimation to select the best response in Problems 7-24. Do not calculate. If your credit card
Question:
Use estimation to select the best response in Problems 7-24.
Do not calculate.
If your credit card balance is \(\$ 952\), you make a \(\$ 50\) payment, the APR is \(12 \%\), and the interest is calculated according to the adjusted balance method, then the finance charge is A. \(\$ 9.52\)
B. \(\$ 9.02\)
C. \(\$ 9.06\)
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