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29. Sam had these balances on his credit card for his last billing period. He did not pay the card in full the previous month,

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29. Sam had these balances on his credit card for his last billing period. He did not pay the card in full the previous month, so he will have to pay a finance charge. The APR is 21.25% What is his finance charge? two days @ $451 98 eleven days @ $903.04 four days @ $715 71 thirteen days @ $893.76 A. $191.70 B. $179.63 C. $15.91 D. $14.95 30. Put the following interest rates in ascending order: First National Bank, 3% Michigan Savings and Loan, 3 499% Octagon Finance, 37% and Lake Superior Credit Union, 3 4% A. First National Bank, Michigan Savings and Loan, Lake Superior Credit Union, Octagon Finance B. Michigan Savings and Loan, First National Bank, Lake Superior Credit Union, Octagon Finance C. Michigan Savings and Loan, Lake Superior Credit Union, First National Bank, Octagon Finance D. First National Bank, Lake Superior Credit Union, Michigan Savings and Loan, Octagon Finance 31. Althea will need $25,000 for her school tuition in two years. She has an account that earns 2.75% interest, compounded quarterly. How much does she need to deposit into that account each quarter to reach her goal? A. $1,375.00 $3,050.58 C. $9,300.06 D. $2,523.76 32. Carly took out a $6,200, three-year loan with an APR of 7.95%. What is the total amount of payments? A. $194.14 B. $1,478.70 C. $6,989.04 D. $6,200.00

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