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11-05-2017
Mathematics

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Latoya Patterson owes $450 on her credit card. She must pay 2.3% monthly interest and the payment is $35 or 10% of what she owes, whichever is greater. Prepare a table showing 4 months of statements. Use the table to determine much total interest will be paid in four months.

A. $35.47
B. $41.40
C. $45.00
D. $46.04

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24-05-2017

C. $45.00 will be paid in four months

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