Business
Business, 21.04.2020 15:52, cherri319

For the month of January, Juan had an unpaid balance on a credit card statement of $832.50 at the beginning of the month and made purchases of $675.00. A payment of $400.00 was made during the month. If the interest rate was 2% per month on the unpaid balance, find the finance charge and the new balance on February 1.

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