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7) On the September 20 billing date, Emilio had a balnce due of $665.69 on his credit card. During the next month, Emilio charged an
7) On the September 20 billing date, Emilio had a balnce due of $665.69 on his credit card. During the next month, Emilio charged an additional $345.26 and makes a payment of $457. The interest rate on the card is 1.4% per month. Using the unpaid/previous balance method, find the finance charge on October 20.
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