Mathematics
Mathematics, 17.07.2020 20:01, yoogirlchloee

You have a Maxi Card with a $700 limit for this exercise. The card has a monthly finance charge of 1.67%. Fill out the following table. Your payment each month is $50. You are finished when you have paid it off. Each month, except the first:
Balance = last month’s new balance – payment
Monthly Finance Charge = balance (0.0167)
New balance = balance + monthly finance charge

answer
Answers: 1

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You have a Maxi Card with a $700 limit for this exercise. The card has a monthly finance charge of 1...

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