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Sandy, a single person that owns their own home has the following financial information: - Monthly take-home pay of $3,600 - A monthly mortgage payment

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Sandy, a single person that owns their own home has the following financial information: - Monthly take-home pay of $3,600 - A monthly mortgage payment of $1,200 - A monthly student loan payment of $300 - A monthly credit card payment of $150 - A monthly car payment of $200. 1. Sandy Started the billing cycle with a $1,000 credit card balance. On the 16th day of the billing cycle Sandy charged up an additional $500. The billing cycle has 30 days. The APR on the credit card is 24% and the credit card applies finance charges using the average daily balance method (including new charges) for applying finance charges. What are the total finance charges applied to Sandy's credit card during this billing cycle

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