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Mathematics, 05.05.2021 14:20 quavion61
PLEASE HELP ME ON THIS QUESTION
You have a credit card with an APR of 23%. The terms of your agreement say that your minimum payment is 3% of your balance or $25, Whichever is greater.” You rack up $540 in charges. How much is your minimum payment?
a. $16.20
b. $25.00
c. $124
d. None of the above.
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Answers: 3
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