Mathematics, 26.07.2020 01:01, villarrealc1987

Jerome's credit card has an APR of 18%, calculated on the previous monthly balance, and a minimum payment of 2%, starting the month after the first purchase., His credit card record for the last 7 months is shown in the table below. How much of the initial purchase has Jerome paid off over the 7 months?

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Jerome's credit card has an APR of 18%, calculated on the previous monthly balance, and a minimum pa...

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