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3 years ago

9

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?
a) 20%
b) 25%
c) 40%
d) 50%

2 answers:

Nat2105 [25]3 years ago

6 0

The answer is..............A-20%

anzhelika [568]3 years ago

5 0

The answer is A.
10% of 100 = $10
20% of 100 = $20

So:
10% of 200 = $20
20% of 200 = $40

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