Question: You currently owe $ 2 , 2 2 6 . 0 0 of your credit card that charges an annual interest rate of 1 .

You currently owe $2,226.00 of your credit card that charges an annual interest rate of 1.62%. You make $199.00 of new charges every month and make a payment of $262.00 every month. What will your credit card balance be in three months?
 You currently owe $2,226.00 of your credit card that charges an

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