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Mathematics, 04.02.2020 02:50 uliseshinojosa8

You are a college freshman and have a credit card. you immediately purchase a television set for $1200. your credit limit is $2000. lets assume that you make no payments and purchase nothing more and there are no other fees. the monthly interest rate is 1.12% what is your initial credit card balance?
a. $0
b.$100
c. $2000
d. $1200

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You are a college freshman and have a credit card. you immediately purchase a television set for $12...
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