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Korolek [52]
3 years ago
11

This table can be used to organize Gigi’s credit card balances and payments over 6 months. The annual percentage rate on the cre

dit card is 14%.
Gigi’s Credit Card Payments
Month
Balance
Payment
Interest Rate
Interest Charged
1
$650
$300
0.01167
$4.08
2
$354.08
$50
0.01167

3
$307.63
$50
0.01167

4
$260.64
$50
0.01167

5
$213.10
$50
0.01167

6
$165
$50
0.01167


What is the amount of interest charged for the first 6 months? (16.34)
Business
2 answers:
Reil [10]3 years ago
6 0

Answer:

It is A 16.34

Explanation:

Edge2021

Georgia [21]3 years ago
4 0

The correct answer is the first option, or 16.34

Just got it right on the edge 2020 exam review, hope this helps!! :)

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Answer:

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In 2010, real GDP was $13.2 trillion and nominal GDP was $14.6 trillion. What was the GDP deflator for that year?a. 9.6% lower b
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Answer:

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