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10 September, 06:12

If the interest rate on a charge card is 1.25% on the unpaid balance and your unpaid balance this month is $312, how much interest will you pay this month?

P. S. The answer is 53.90, I dont know how though.

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  1. 10 September, 09:24
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    The answer is not $53.90.

    If your unpaid balance is $312 at a 17.27% interest rate, your answer would be $53.90
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