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9 October, 10:07

Nadia's credit card has an APR of 12.18% and a grace period of 17 days, and Nadia pays her balance in full every month. If her last billing cycle ended on November 27, 2009, and she made her payment on December 13, 2009, did she owe any interest on her last statement's balance?

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  1. 9 October, 11:35
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    No, because she paid within the grace period
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