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OpenStudy (anonymous):
Wilson opens a credit card with an APR of 27.65% compounded monthly. How much is charged in interest this month if his balance is $1,475?
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OpenStudy (kropot72):
The interest for this month is found as follows: \[$1475\times \frac{0.2765}{12}=you\ can\ calculate\]
OpenStudy (anonymous):
Can you help with a few more?
OpenStudy (kropot72):
Please post any other questions as new ones after closing this one :)
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