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4. [-/1 Points) DETAILS SMITHNM13 11.2.032C. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Calculate the monthly finance charge for the credit card transaction. Assume that

4. [-/1 Points) DETAILS SMITHNM13 11.2.032C. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Calculate the monthly finance charge for the credit card transaction. Assume that it takes 10 days for a payment to be received and recorded, and that the month is 30 days long. (Round your answer to the nearest cent.) $350 balance, 16%, $300 payment; average daily balance method $ Need Help? Read it

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