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finance/reasoning quantitative Wale Lalalor A Ga Youtube Maps News Translate O UPS Month 2 a Show My Work (Optional 3. (-/11.8 Points) DETAILS MY NOTES
finance/reasoning quantitative
Wale Lalalor A Ga Youtube Maps News Translate O UPS Month 2 a Show My Work (Optional 3. (-/11.8 Points) DETAILS MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER You have a credit card with an APR of 28%. The minimum payment is 12% of the balance. Suppose you have a balance of $950. You decide to stop charging and make only the minimum payment. Complete the table. (Round your answers to the nearest cent.) Previous Finance Charge Purchases Payments New Balance (+) (-) Balance Month 1 0 Month 2 0 Show My Work Optional 4. (-/12.8 Points] DETAILS MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Assume that you start with a balance of $4100 on your credit card. During the first month you charge $600, and during the second month, you charge $550. Assume that your credit card charges a 29% APR and that each month you make only the minimum payment of 2.5 of the balance. Complete the following table (Round your answers to the nearest cent.) Previous Finance Charge Purchases Payments New Balance (+) CA Balance Month 1 Month 2 Step by Step Solution
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