Business
Business, 14.12.2020 21:30, Starzdaze78

10. The opening balance of one of Jennies 30-day billing cycles for her credit card was $1220, and it remained that amount for the first 10 days of her billing
cycle She then made a purchase for $470, increasing her balance to $1690,
where it remained for the next 10 days. Jennie then made a payment of $350, so
her balance for the last 10 days of the billingbycie was $1340. The APR of
Jennie's credit card is 33%. What is her periodic interest rate?

answer
Answers: 1

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10. The opening balance of one of Jennies 30-day billing cycles for her credit card was $1220, and...

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