Business, 02.02.2020 03:45 penny3109

You got a new credit card and spent $200 on the card last month. you forgot to make the payment on time and were assessed a $40 late fee. what is the late fee as a percentage of your balance?
a) 20%
b) 25%
c) 40%
d) 50%

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You got a new credit card and spent $200 on the card last month. you forgot to make the payment on t...