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Suppose that you owe $200 on a credit card that charges 18 % APR You pay $100 in the 15th day and you can pay

Suppose that you owe $200 on a credit card that charges 18 % APR You pay $100 in the 15th day and you can pay the remaining balance either the minimum 30 % or $30, whichever is higher, every month. Assume that the bank use the daily average balance method to calculate the interest

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