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5. Nadia has a credit card with a beginning balance on 8/1 of $163.78. She made a payment of $100 on 8/18. She made other

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5. Nadia has a credit card with a beginning balance on 8/1 of $163.78. She made a payment of $100 on 8/18. She made other purchases during the month for $234.36. If the credit card has a monthly periodic rate of 2% applied to the average daily balance excluding new purchases, what are the finance charges for August? What is the new balance

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