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Lucy has an unpaid balance of $1000 on her credit card. The credit card company requires a minimum payment of 4% and charges an annual
Lucy has an unpaid balance of $1000 on her credit card. The credit card company requires a minimum payment of 4% and charges an annual interest rate of 23%. Calculate Lucy's minimum payment, the amount of interest paid that month, and her unpaid balance. Round each to the nearest cent. The minimum payment is $ The amount of interest paid is 5 The unpaid balance is 5 Question Help: Message instructor
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