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Problem - Calculating Credit Card Interest

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Problem - Calculating Credit Card Interest

Ruby Wilson, a student at State College, has a balance of $380 on her retail charge card. If the store levies a finance charge of 21 percent per year, how much monthly interest will be added to Ruby's account?

Reference no: EM132695882

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Problem - Calculating Credit Card Interest : Calculating Credit Card Interest - If the store levies a finance charge of 21 percent per year, how much monthly interest will be added to Ruby's account
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