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Jill bought a $590 rocking chair. The terms of her revolving charge are 1.5% on the unpaid balance from the previous month. If she pays
Jill bought a $590 rocking chair. The terms of her revolving charge are 1.5% on the unpaid balance from the previous month. If she pays $100 per month, complete a schedule for the first 3 months. Be sure to use the U.S. Rule. (Round your final answers to the nearest cent.) Monthly payment number Outstanding balance due 1.5% interest payment Amount of Reduction in monthly payment balance due Outstanding balance due 1 2 3
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