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Suppose the charge account of Black's Mailing Service at the local supply store had a 1 . 3 % interest rate per month on the
Suppose the charge account of Black's Mailing Service at the local supply store had a interest rate per month on the average daily balance. Find the finance charge on
April if Black's had an unpaid balance on March of $ a payment of $ posted on March and a purchase of $ posted on March The billing cycle
ends March
The finance charge is $
Round to the nearest cent as needed.
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