yeyelovesreading2001 yeyelovesreading2001

24-11-2022
Mathematics

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Part 1
On July 8, the billing date, Marvin Zug had a balance due of $ 294.95 on his credit card. His card charges an interest rate of 1.25% per month. The transactions he made are to the right.
a) Find the finance charge on August 8, using the previous balance method.
b) Find the new balance on August 8 .

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