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10 votes
Seth missed the due date for his credit card payment. His credit card company will

charge him $20 and an APR of 27%. What is the amount of interest he would have to
pay at the 27% APR?

User HolKann
by
8.8k points

1 Answer

7 votes
20 x 1.27 = 25.4
so 27% APR will put him up to $25.4
User NiVeR
by
7.9k points

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