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Mathematics, 05.10.2019 17:00 lekylawhite16

Helene’s credit card has an apr of 16.8%. she never pays her balance in full, so she always pays a finance charge. her next billing cycle starts today. the billing period is 30 days. today’s balance is $712.04. she is only going to use the credit card this month to make a $5,000 down payment on a new car.

how much can helene save in finance charges if she makes the down payment on the last day, as compared to making it on the first day?

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