A credit card company charges a 22% annual rate for overdue accounts. How much interest will be
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A credit card company charges a 22% annual rate for overdue accounts. How much interest will be owed on a $635 account 1 month overdue?
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1 Calculate the monthly interest rate Divide the annual ...View the full answer
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Related Book For 
College Mathematics For Business Economics Life Sciences And Social Sciences
ISBN: 9780321945518
13th Edition
Authors: Raymond Barnett, Michael Ziegler, Karl Byleen
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