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snow_lady [41]
3 years ago
14

You got a new credit card and spent $200 on the card last month. You forgot to make the payment on time and were assessed a $40

late fee. What is the late fee as a percentage of your balance?
Business
1 answer:
Andre45 [30]3 years ago
5 0
The answer is 20%, 40 is 1/5 of 200, therefore it is 20%
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Answer:

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