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28 December, 04:28

Jeremiah has a previous balance of $594 on a credit card with a 12.7% APR compounded monthly. If he made a payment of $25 this month, what is the new balance on his credit card?

A) $575.29

B) $644.44

C) $569.00

D) $669.44

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Answers (1)
  1. 28 December, 04:37
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    You can calculate here and then subtract 25 I got $575.29 but see what you get.
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