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OpenStudy (anonymous):
Help please. Fay opens a credit card with an APR of 15.25% compounded monthly. How much is charged in interest this month if her balance is $1,300? $16.52 $15.25 $108.33 $198.25
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OpenStudy (anonymous):
In a calculator I entered: \[1300\times15.25% \] which is $198.25.
OpenStudy (anonymous):
1300×15.25% **
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