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Paul Hare Had a Previous Balance of $216

Question 5

Multiple Choice

Paul Hare had a previous balance of $216.54 on his clothing store credit card. He made purchases of $32.10 and a payment of $100. The interest charge was 2.1%. What is the new unpaid balance of Paul's credit card using the previous balance method?


A) $353.19
B) $279.89
C) $194.02
D) $153.19

Correct Answer:

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