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16 August, 20:41

Catherine has an unpaid balance on her credit card of $345.38. She has new charges of $195.65 this month and her monthly interest rate on the unpaid balance is 1.75%. What is the total balance on her monthly bill (to the nearest whole cent) ?

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  1. 16 August, 23:11
    0
    New balance

    345.38+195.65 + ((345.38 * (0.0175:12))

    =541.53
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