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Jason has a credit card that charges 2% interest on unpaid balances each month. He spent $300, but only makes the minimum payment of $30 a month when the bill is due. What is the balance on his credit card account after making his payment at the end of the fourth month? $201.08 $196.55 $226.55 $231.08

User Lun
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the answer is $201.08
User Staad
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