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Suppose you have a revolving credit account at an annual percentage rate of 12%, and your previous monthly balance is $388.05. Find your new balance
Suppose you have a revolving credit account at an annual percentage rate of 12%, and your previous monthly balance is $388.05. Find your new balance if your account showed the following activity. Use the unpaid balance method.
$ |
Sonia has a revolving credit account at an annual percentage rate of 12%. Use the average daily balance method to find the new balance given the following statement of account:
$ |
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