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On October 1, the unpaid balance in an account was $154. No payments were made that month. The interest rate per month was 1.5% per
On October 1, the unpaid balance in an account was $154. No payments were made that month. The interest rate per month was 1.5% per month of the average daily balance. Find the finance charge for the month of October. Round to the nearest cent.
a $2.31
b $2.46
c $2.21
d $2.16
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