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12 15 1 18 1 Question 7 (1 point) On August 8, Rex Eason had a credit card balance of $550, but he was unable

12 15 1 18 1 Question 7 (1 point) On August 8, Rex Eason had a credit card balance of $550, but he was unable to pay his bill. The credit card company charges interest of 18 1/2% annually on late payments. What amount will Rex have to pay if he pays his bill 1 month late? A/

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