Solution-Annual percentage rate, Candida has a revolving

Annual percentage rate

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Reference no: EM131319764

Candida has a revolving credit account at an annual percentage rate of 24%. Her previous monthly balance is $549.79. Find the new balance using the previous month's balance method if Candida's account showed the following activity: Payment, $143.30; Country Lumber (charge), $230.18; Zahir Antiques (credit), $398.05; Mountain Vineyards (charge), 204.94; Bart's Garage (charge), $214.21.

$449.79
$557.77
$668.77
$499.79

Reference no: EM131319764

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Annual percentage rate : Candida has a revolving credit account at an annual percentage rate of 24%. Her previous monthly balance is $549.79. Find the new balance using the previous month's balance method if Candida's account showed the following activity: Payment, $143.3..

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Annual percentage rate

Reference no: EM131319764

Reference no: EM131319764

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