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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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