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How much interest will he be charged for the month

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Question - Sarah started her November 1, 30-day credit card billing period with a balance of $200. She used her credit card to purchase medication costing $75 on November 6th, paid for car repairs of $600 on November 10th, and made a small payment of $100 on November 20th her annual credit card interest rate is 18%, compounded daily. How much interest will he be charged for the month of December, assuming the average daily balance method is used?

Reference no: EM132991143

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