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10-05-2017
Mathematics

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Dae opens a credit card with an APR of 19.49% compounded monthly. How much is charged in interest this month if her balance is $1250?
A)19.49
B) 20.30
C) 104.17
D) 243.16

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Aliwohaish12 Aliwohaish12

11-05-2017

Interest charged
1,250×0.1949×(1÷12)
=20.30

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