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Eddi Din [679]
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%
Business
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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