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Jamel Cisco has a Visa card with an annual percentage rate of 16.8%. The unpaid balance for his June billing cycle is $1,300.84. During the
Jamel Cisco has a Visa card with an annual percentage rate of 16.8%. The unpaid balance for his June billing cycle is $1,300.84. During the billing cycle he purchased a printer cartridge for $42.39, books for $286.50, and gasoline for $16.71. He made a payment of $1,200. If the account applies the unpaid balance method, what are the finance charge and the new balance?
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