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You have a credit card with an APR of 2 8 % . The minimum payment is 1 2 % of the balance. Suppose you
You have a credit card with an APR of The minimum payment is of the balance. Suppose you have a balance of $ You decide to stop charging and make only the minimum payment. Complete the table. Round your answers to the nearest cent.
Previous
Balance Finance Charge
Purchases
Payments
New
Balance
Month
Month
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