Question
Alexis buys groceries using her credit card. Her card has an APR of 19.99% and she must pay at least 5% of the balance at
Alexis buys groceries using her credit card. Her card has an APR of 19.99% and she must pay at least 5% of the balance at the end of each month. If her carry-over balance for groceries is $242.63, what would her finance charge be at the end of the month?
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Financial Markets And Technical Analysis
Authors: Eric Majors
1st Edition
1495333574, 978-1495333576
