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Homework: 10.4 Installment Buying Score: 0 of 1 pt 10.4.25 13 of 17 (13 complete) Save HW Score: 58.82%, 10 of 17 pts Question
Homework: 10.4 Installment Buying Score: 0 of 1 pt 10.4.25 13 of 17 (13 complete) Save HW Score: 58.82%, 10 of 17 pts Question Help On the April 2 billing date, Michaelle Chappell had a balance due of $1143.16 on her credit card. From April 2 through May 1, Michaelle charged an additional $217.42 and made a payment of $600. a) Find the finance charge on May 2, using the previous balance method. Assume that the interest rate is 1.7% per month. b) Find the new balance on May 2. a) The finance charge on May 2 is $ (Round to the nearest cent as needed.) Enter your answer in the answer box and then click Check Answer. 1 part remaining Type here to search O ! E @ ENG 7:44 PM 2/23/2020 Clear All Check Answer 9 8
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