Question
Josh has a credit card that charges 18% interest on the unpaid balance after the 25th of each month. Josh paid $65 on the credit
Josh has a credit card that charges 18% interest on the unpaid balance after the 25th of each month. Josh paid $65 on the credit card and left a balance of $3860. What will be the interest charge on next months credit card statement?
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Managerial Finance Essentials
Authors: Charles O. Kroncke, Alan E. Grunewald, Erwin Esser Nemmers
2nd Edition
0829901590, 978-0829901597
