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8 February, 11:53

Brads statement shows a previous balance of $2592.35 a payment of 75$ and new transactions totaling $432. His APR is 18.6%. What is his new balance?

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  1. 8 February, 14:59
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    New balance = 2592.35 (1 + 0.186) - 75 + 432 = 3074.53 - 75 + 432 = $3431.53
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