Question: Help 12/13 The information from the box on the previous page is repeated below for your convenience. Boone's credit card billing cycle begins on August

 Help 12/13 The information from the box on the previous pageHelp 12/13

The information from the box on the previous page is repeated below for your convenience. Boone's credit card billing cycle begins on August 17. He has a previous balance of $320.00. On August 19, Boone pays the credit card company $160, and on August 23, Boone purchases a gift for his sister, Shannon, for $84.50 using the card. On August 30, Boone uses his credit card to buy a $1, 240.50 plane ticket to Sydney, Australia On September 8, Boone pays another $100, 00 to the credit card company. The billing cycle ends on September 16. Boone's monthly periodic rate is 3.5%

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