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For questions 19 20: Imagine that you have a credit card. During the past 31-day month you carried a balance of $800 on the card.
For questions 19 20: Imagine that you have a credit card. During the past 31-day month you carried a balance of $800 on the card. The interest rate is 18% (Annual percentage rate or APR).
What will the interest charge be for this month?
Group of answer choices
$12.02
$11.98
$11.48
$12.23
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