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Business, 24.06.2020 18:01 juan237

Lucy has an unpaid balance of $500 on her credit card. The credit card company requires a minimum payment of 4% and charges an annual interest rate of 30%. Calculate Lucy's minimum payment, the amount of interest paid that month, and her unpaid balance. Round each to the nearest cent.

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Lucy has an unpaid balance of $500 on her credit card. The credit card company requires a minimum pa...
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