There is a $1500 carry-over balance on a credit card with a 19.99% APR and a minimum payment of 6% of the new balance each month. Assume only the minimum payment is made and no additional payments are made each month. What is the finance charge this first month?

part a

in a city ice cream is mostly only bought when the temperature is very high as ice cream cools down our

so we can derive the conclusion that as the temperature increases the number of ice creams sold also increases

part b

y intercept is 5

slope is 2

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