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OpenStax, Contemporary Mathematics §6.10 Credit Cards · Example 4 · Arithmetic · Money & interest

Credit Cards · Example 4

Find the balance on the credit card with the given interest charge and balance before interest was charged. The cards were not paid off previously.

(a) Balance before interest is $708.50, interest charge is $8.15
(b) Balance before interest is $1,395.10, interest charge is $21.32

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OpenStax, Contemporary Mathematics · §6.10 Credit Cards · Example 4

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