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Kathy Hansen has a revolving credit account. The finance charge is calculated on the previous month's balance, and the annual percentage rate is 27%.
Kathy Hansen has a revolving credit account. The finance charge is calculated on the previous month's balance, and the annual percentage rate is 27%. Complete the account activity table for Kathy. (Round pour answers to the nearest cent.) Month April May Previous Month's Balance (in $) $646.17 Finance Charge (in S) $14.54 Purchases Payments and Cash and Credits Advances $31.45 $284.33 New Balance End of Month (in $) $607.16 $85.00 $115.00
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