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Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
Edition 7ISBN: 978-1285448596Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
Edition 7ISBN: 978-1285448596 Exercise 39
Daniel Noguera has a Bank of America revolving credit account with an annual percentage rate of 12% calculated on the previous month's balance. In April, the account had the following activity.
a. What is the finance charge?
b. What is Daniel's new balance?
a. What is the finance charge?
b. What is Daniel's new balance?
Explanation
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The given data is the previous balance i...
Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
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