emeraldfraffert emeraldfraffert

29-09-2016
Mathematics

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The beginning balance of a credit card account is $500. The monthly interest rate is 0.012. If a payment of $100 is made on the last day of the month, what is the ending balance?

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NormaniKordei123 NormaniKordei123

29-09-2016

It is $100 because if you work it out on paper then you could have on the paper and the answer is 100$

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