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A credit card charges 20 percent annual interest and Isabella Smith has $750 due on the statement date. She is only able to make the
A credit card charges 20 percent annual interest and Isabella Smith has $750 due on the statement date. She is only able to make the minimum payment of $50.0. If the billing cycle is 30 days and the grace period is 20 days, and she pays the full balance at the next due date, how much interest would she owe? (Show your calculations)
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