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The quoted annual rate on your credit card is 14 percent, and there is a $30 annual fee. If your account balance for the monthly

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The quoted annual rate on your credit card is 14 percent, and there is a $30 annual fee. If your account balance for the monthly billing period is $1,000, what is your finance charge for the month? $41.67 $11.67 $140 $12.02

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