Section 10 homework: problem 7
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(4 points)
morgan has a new credit card with an apr of 19.99% and a credit limit of $1900. the minimum monthly payment is 4% of the new balance. if morgan
purchases $600 in office supplies at the beginning of the month, what will be morgan's minimum payment at the end of the month?
express your answer rounded to the nearest cent.
if you haven't answered the question correctly in 3 attempts, you can get a hint.