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ection 3. Question 28, 3.1.79-BE At the end of the billing cycle, $120.55 will be charged in interest. (Round to the nearest cent as needed.)
ection 3. Question 28, 3.1.79-BE At the end of the billing cycle, $120.55 will be charged in interest. (Round to the nearest cent as needed.) Points: 0 of 1 The unpaid balance at the start of a 28-day billing cycle was $999.14. A $6,000 purchase was made on the first day of the billing cycle and a $50 payment was credited to the account on day 21. How much interest will be charged at the end of the billing cycle? Assume that the annual interest rate on a credit card is 25.16% and interest is calculated by the average daily balance method
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