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Amold Brown has a Visa Card with an annual percentage rate of 19.2%. The unpaid balance for his June billing cycle is $1,463.99. During the
Amold Brown has a Visa Card with an annual percentage rate of 19.2%. The unpaid balance for his June billing cycle is $1,463.99. During the billing cycle he purchased a printer cartridge for $49.92, books for $252.92 and gasoline for $19.78. He made a payment of $1,000. If the account applies the unpaid balance method, what are the finance charge and the new balance? The finance charge is $. The new balance is $ (Round to the nearest cent as needed.)
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