Chaundra Mixon has a Master Card with an annual percentage rate of 19.8%. The unpaid
Chapter 12, Problem 12(choose chapter or problem)
Chaundra Mixon has a Master Card with an annual percentage rate of 19.8%. The unpaid balance for her August billing cycle is $675.21. During the billing cycle she purchased shoes for $87.52, a suit for $132.48, and a wallet for $28.94. She made a payment of $225. If the account applies the unpaid balance method, what are the finance charge and the new balance?
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