Kessler Co., makes a credit card sale to a customer for $250.The credit card sale has a grace period of 30 days and then an interest charge of 1.5% per month is added to the balance.If the unpaid balance on the above sale is $150 at the end of the grace period, the interest charge is
A) $3.75.
B) $3.00.
C) $1.50.
D) $2.25.
Correct Answer:
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