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3 years ago

ASAP!!!! Calculate the finance charge and new balance using the previous balance method.

Mathematics

1 answer:

goldenfox [79]3 years ago

3 0

Answer:

Previous balance = $199.19

Annual rate =14%

finance charge=14%of $198.19=$27.7466

New balance =$199.19+$27.7466-$97.50-$75.75=$53.6866

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