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Use the following rates and payments table. 1% Monthly Rate 11% Unpaid balance Up to $500 Over $500 New balance Under $200 Over $200 Minimum

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Use the following rates and payments table. 1% Monthly Rate 11% Unpaid balance Up to $500 Over $500 New balance Under $200 Over $200 Minimum payment $10 5% of new balance Previous Balance Purchases $55.50 $35.94 Find the following. (Round your answers to the nearest cent.) (a) the finance charge for the month $ (b) the new balance $ (c) the minimum monthly payment $ 0/1 POINTS | PREVIOUS ANSWERS BELLOCONMATH10 13.2.007. Find the new balance, assuming that the bank charges 12% per month on the unpaid balance. (Round your answer to the nearest cent.) New Purchases Previous Balance $378.96 Payment $75 $248.97 X Need Help? Talk to Tutor Additional Materials eBook Submit Answer Practice Another Version 1/3 POINTS BELLOCONMATH10 13.2.011

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