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jim starts with a $2000 balance on his credit card. During the first month he charges $300, and during the second month he charges $500.
jim starts with a $2000 balance on his credit card.
During the first month he charges $300, and during the second month he charges $500.
The creditcard has finance charges of 23% APR.
The first One Jim makes a $200 payment in the second month Jim makes a $400 payment
what is the balance at the end of the second month? Show your work
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