Business, 28.07.2021 07:40 oomale

Guadalupe’s credit card has an APR of 23%, calculated on the previous monthly balance, and a minimum payment of 2%, starting the month after the first purchase. Her credit card record for the last 7 months is shown in the table below. How is the new balance calculated?

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Guadalupe’s credit card has an APR of 23%, calculated on the previous monthly balance, and a minimum...