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OpenStudy (anonymous):
While on a business trip in February, Bob Barrett charged the following expenses to his company's credit card: meals ($168), entertainment ($162), and hotel($467). On March 1, Bob makes a payment of $188 and makes no other charges on this credit card. The bank that issues the card charges 1.2% interest per month. What is the balance due on April 1? A. $665.61 B. $585.49 C. $806.56 D. $616.31
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OpenStudy (anonymous):
D. $616.31 $ 609 * 1.012
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