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Amy had an unpaid balance of $770.25 on her credit card statement

Amy had an unpaid balance of $770.25 on her credit card statement at the beginning ofMay. She made a payment of
$235.00 during the month, and made purchases of

$137.50. If the interest rate on

Amy

‘s credit card was

18% per month on the unpaid

balance, find

her

finance charge and the new balance on

June 1.

 
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