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Mathematics 14 Online
OpenStudy (anonymous):

Calculate the monthly finance charge for the following credit card transaction. Assume that it takes 10 days for a payment to be received and recorded and that the month is 30 days long. Assume 365 days in a year. (Round your answer to the nearest cent.)

OpenStudy (kira_yamato):

But what is the monthly finance charge percent and how much is the bill?

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