Kristin's credit rating was lowered, and the credit card company raised her APR from 12% to 13.2%.

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Kristin's credit rating was lowered, and the credit card company raised her APR from 12% to 13.2%. If her average daily balance this month is x dollars, express algebraically the increase in this month's finance charge due to the higher APR.

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Financial Algebra advanced algebra with financial applications

ISBN: 978-0538449670

1st edition

Authors: Robert K. Gerver

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Question Posted: Apr 14, 2016 04:46 AM

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Kristin's credit rating was lowered, and the credit card company raised her APR from 12% to 13.2%.

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012 12 001 0132 12 0011 ...View the full answer

Financial Algebra advanced algebra with financial applications

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