In the month of September, Billy Jo made the following purchases: $4,000.00 on September 3 $2,750.00 on

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In the month of September, Billy Jo made the following purchases:

$4,000.00 on September 3

$2,750.00 on September 15

$450.00 on September 29.

Billy Jo's credit card contract has a 15% APR and a minimum payment of 2%.

What was Billy Jo's balance at the end of the month?
What is the minimum dollar amount Billy Jo must pay?

Related Book For answer-question

Fundamental accounting principle

ISBN: 978-0078025587

21st edition

Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta

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Posted Date: Jan 24, 2023 06:53 AM

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In the month of September, Billy Jo made the following purchases: $4,000.00 on September 3 $2,750.00 on

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Fundamental accounting principle

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